[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: 24CFR850.153]



[Page 46]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER VIII--OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL 

 

PART 850_HOUSING DEVELOPMENT GRANTS--Table of Contents

 

                      Subpart F_Project Management

 

Sec.  850.153  Rent control.



    A project constructed or substantially rehabilitated with a housing 

development grant is not subject to State or local rent control unless 

the rent control requirements or agreements (a) (1) were entered into 

under a State law or local ordinance of general applicability that was 

enacted and in effect in the jurisdiction before November 30, 1983 and 

(2) apply generally to rental housing projects not assisted under the 

Housing Development Grant Program, or (b) are imposed under this 

subpart. State and local rent controls expressly preempted by this 

section include, but are not limited to, rent laws or ordinances, rent 

regulating agreements, rent regulations, occupancy agreements, or 

financial penalties for failure to achieve certain occupancy or rent 

projections.