[Code of Federal Regulations]
[Title 24, Volume 4]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR891.440]

[Page 194-195]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL
 
PART 891_SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH 
DISABILITIES--Table of Contents
 
                      Subpart D_Project Management
 
Sec. 891.440  Adjustment of utility allowances.

    This section shall apply to projects funded under the Section 202 
Program, to independent living complexes funded under Section 811 
Program, and to projects financed with loans under subpart E of this 
part. The Owner (or Borrower, as applicable) must submit an

[[Page 195]]

analysis of any utility allowances applicable. Such data as changes in 
utility rates and other facts affecting utility consumption should be 
provided as part of this analysis to permit appropriate adjustments in 
the utility allowances for assisted units. In addition, when utility 
rate changes would result in a cumulative increase of 10 percent or more 
in the most recently approved utility allowances, the Owner (or 
Borrower) must advise HUD and request approval of new utility 
allowances. Whenever a utility allowance for an assisted unit is 
adjusted, the Owner (or Borrower) will promptly notify affected 
households (or families, as applicable) and make a corresponding 
adjustment of the tenant payment (or rent, as applicable) and the amount 
of the project rental assistance payment (or housing or project 
assistance payment, as applicable).

(Approved by the Office of Management and Budget under control number 
2502-0470)