[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: 24CFR884.220]



[Page 126-127]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

 

PART 884_SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM, NEW CONSTRUCTION 

SET-ASIDE FOR SECTION 515 RURAL RENTAL HOUSING PROJECTS--Table of Contents

 

               Subpart B_Project Development and Operation

 

Sec.  884.220  Adjustment of utility allowances.



    In connection with annual and special adjustments of contract rents, 

the owner must submit an analysis of the project's Utility Allowances. 

Such data as changes in utility rates and other facts affecting utility 

consumption should be provided as part of this analysis to permit 

appropriate adjustments in the Utility Allowances. In addition, when 

approval of a utility rate change would result in a cumulative increase 

of 10 percent or more in the most recently approved Utility Allowances, 

the project owner must advise the Secretary and request approval of new 

Utility Allowances. Whenever a Utility Allowance for a unit is adjusted, 

the owner will promptly notify affected families and make a 

corresponding adjustment of the tenant rent and the



[[Page 127]]



amount of the housing assistance payment for the unit.



(Approved by the Office of Management and Budget under control number 

2502-0161)



[50 FR 39098, Sept. 27, 1985]