[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: 24CFR583.115]



[Page 253]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 

        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 583_SUPPORTIVE HOUSING PROGRAM--Table of Contents

 

                      Subpart B_Assistance Provided

 

Sec.  583.115  Grants for leasing.



    (a) General. HUD will provide grants to pay (as described in Sec.  

583.130 of this part) for the actual costs of leasing a structure or 

structures, or portions thereof, used to provide supportive housing or 

supportive services for up to five years.

    (b)(1) Leasing structures. Where grants are used to pay rent for all 

or part of structures, the rent paid must be reasonable in relation to 

rents being charged in the area for comparable space. In addition, the 

rent paid may not exceed rents currently being charged by the same owner 

for comparable space.

    (2) Leasing individual units. Where grants are used to pay rent for 

individual housing units, the rent paid must be reasonable in relation 

to rents being charged for comparable units, taking into account the 

location, size, type, quality, amenities, facilities, and management 

services. In addition, the rents may not exceed rents currently being 

charged by the same owner for comparable unassisted units, and the 

portion of rents paid with grant funds may not exceed HUD-determined 

fair market rents. Recipients may use grant funds in an amount up to one 

month's rent to pay the non-recipient landlord for any damages to leased 

units by homeless participants.



[58 FR 13871, Mar. 15, 1993, as amended at 59 FR 36891, July 19, 1994]