[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 209]

 

                 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.

    (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]