[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: 24CFR963.1] [Page 452-453] TITLE 24--HOUSING AND URBAN DEVELOPMENT CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PART 963_PUBLIC HOUSING_CONTRACTING WITH RESIDENT-OWNED BUSINESSES--Table of Contents Subpart A_General Sec. 963.1 Purpose. Subpart A_General Sec. 963.1 Purpose. 963.3 Applicability. 963.5 Definitions. Subpart B_Contracting with Resident-Owned Businesses 963.10 Eligible resident-owned businesses. 963.12 Alternative procurement process. Authority: 42 U.S.C. 1437 and 3535(d). Source: 57 FR 20189, May 11, 1992, unless otherwise noted. [[Page 453]] The purpose of this part is to enhance the economic opportunities of public housing residents by providing public housing agencies with a method of soliciting and contracting with eligible and qualifed resident-owned businesses (as defined in this part) for public housing services, supplies, or construction. The contract award method provided by this part is based on the established procurement procedures set forth in 24 CFR 85.36, with solicitation as provided by these procedures limited to resident-owned businesses. The contract award method provided by this part is not a requirement. It is an alternative procurement method available to public housing agencies, subject to the conditions set forth in this part, and subject to permissibility under State and local laws.