[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: 24CFR972.209]

[Page 566-567]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 
               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 972_CONVERSION OF PUBLIC HOUSING TO TENANT-BASED ASSISTANCE--Table of Contents
 
      Subpart B_Voluntary Conversion of Public Housing Developments
 
Sec. 972.209  Procedure for voluntary conversion of public housing 
developments to tenant-based assistance.

    A PHA that wishes to convert a public housing development to tenant-
based assistance must comply with the following process:
    (a) The PHA must perform a conversion assessment, in accordance with 
Sec. Sec. 972.218-972.224 and submit it to HUD as part of the next PHA 
Annual Plan submission.
    (b) The PHA must prepare a conversion plan, in accordance with Sec. 
972.227-972.233, and submit it to HUD, as part of its PHA Annual Plan, 
within one year after submitting the conversion assessment. The PHA may 
submit the conversion plan in the same Annual Plan as the conversion 
assessment.

[[Page 567]]

    (c) The PHA may proceed to convert the development if HUD approves 
the conversion plan.