[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: 24CFR888.415]



[Page 175-176]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

 

PART 888_SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM_FAIR MARKET 

RENTS AND CONTRACT RENT ANNUAL ADJUSTMENT FACTORS--Table of Contents

 

     Subpart D_Retroactive Housing Assistance Payments for Moderate 

                         Rehabilitation Projects

 

Sec.  888.415  Restrictions on retroactive payments.



    (a) Restrictions. Retroactive payments are subject to all 

regulations, procedures, or restrictions that apply to Housing 

Assistance Payments.



[[Page 176]]



    (b) Review of initial rents. Before calculating the amount of any 

retroactive payment, the PHA, if directed by HUD, will review whether 

rents were excessive when initially set.

    (c) Physical condition of projects. If the most recent physical 

inspection report by the PHA shows significant deficiencies that have 

not been addressed to the satisfaction of the PHA by the date the 

retroactive payment is deposited into the project account, the payment 

will not be made available until the deficiencies are resolved or a plan 

for their resolution has been approved by the PHA.