[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR791.407]



[Page 31-32]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

 CHAPTER VII--OFFICE OF THE SECRETARY, DEPARTMENT OF HOUSING AND URBAN 

 DEVELOPMENT (HOUSING ASSISTANCE PROGRAMS AND PUBLIC AND INDIAN HOUSING 

                                PROGRAMS)

 

PART 791_ALLOCATIONS OF HOUSING ASSISTANCE FUNDS--Table of Contents

 

     Subpart D_Allocation of Budget Authority for Housing Assistance

 

Sec.  791.407  Headquarters Reserve.



    (a) A portion of the budget authority available for the housing 

programs listed in Sec.  791.101(a), not to exceed an amount equal to 

five percent of the total amount of budget authority available for the 

fiscal year for programs under the United States Housing Act of 1937 

listed in Sec.  791.101(a), may be retained by the Assistant Secretary 

for subsequent allocation to specific areas and communities, and may 

only be used for:

    (1) Unforeseen housing needs resulting from natural and other 

disasters, including hurricanes, tornadoes, storms, high water, wind 

driven water, tidal waves, tsunamis, earthquakes, volcanic eruptions, 

landslides,



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mudslides, snowstorms, drought, fires, floods, or explosions, which in 

the determination of the Secretary cause damage of sufficient severity 

and magnitude to warrant Federal housing assistance;

    (2) Housing needs resulting from emergencies, as certified by the 

Secretary, other than disasters described in paragraph (a)(1) of this 

section. Emergency housing needs that can be certified are only those 

that result from unpredictable and sudden circumstances causing housing 

deprivation (such as physical displacement, loss of Federal rental 

assistance, or substandard housing conditions) or causing an unforeseen 

and significant increase in low-income housing demand in a housing 

market (such as influx of refugees or plant closings);

    (3) Housing needs resulting from the settlement of litigation; and

    (4) Housing in support of desegregation efforts.

    (b) Applications for funds retained under paragraph (a) of this 

section shall be made to the field office, which will make 

recommendations to Headquarters for approval or rejection of the 

application. Applications generally will be considered for funding on a 

first-come, first-served basis. Specific instructions governing access 

to the Headquarters Reserve shall be published by notice in the Federal 

Register, as necessary.

    (c) Any amounts retained in any fiscal year under paragraph (a) of 

this section that are not reserved by the end of such fiscal year shall 

remain available for the following fiscal year in the program under 

Sec.  791.101(a) from which the amount was retained. Such amounts shall 

be allocated pursuant to Sec.  791.403(b)(2).