[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR574.320]

[Page 206-207]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 574_HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS--Table of Contents
 
                      Subpart D_Uses of Grant Funds
 
Sec. 574.320  Additional standards for rental assistance.

    (a) If grant funds are used to provide rental assistance, the 
following additional standards apply:
    (1) Maximum subsidy. The amount of grant funds used to pay monthly 
assistance for an eligible person may not exceed the difference between:
    (i) The lower of the rent standard or reasonable rent for the unit; 
and
    (ii) The resident's rent payment calculated under Sec. 574.310(d).
    (2) Rent standard. The rent standard shall be established by the 
grantee and shall be no more than the published section 8 fair market 
rent (FMR) or the HUD-approved community-wide exception rent for the 
unit size. However, on a unit by unit basis, the grantee may increase 
that amount by up to 10 percent for up to 20 percent of the units 
assisted.
    (3) Rent reasonableness. The rent charged for a unit must be 
reasonable in relation to rents currently being charged for comparable 
units in the private unassisted market and must not be in excess of 
rents currently being charged by the owner for comparable unassisted 
units.

[[Page 207]]

    (b) With respect to shared housing arrangements, the rent charged 
for an assisted family or individual shall be in relation to the size of 
the private space for that assisted family or individual in comparison 
to other private space in the shared unit, excluding common space. An 
assisted family or individual may be assigned a pro rata portion based 
on the ratio derived by dividing the number of bedrooms in their private 
space by the number of bedrooms in the unit. Participation in shared 
housing arrangements shall be voluntary.

[57 FR 61740, Dec. 28, 1992, as amended at 61 FR 7963, Feb. 29, 1996]