[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: 24CFR891.440]



[Page 195]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

 

PART 891_SUPPORTIVE HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES

--Table of Contents

 

                      Subpart D_Project Management

 

Sec.  891.440  Adjustment of utility allowances.



    This section shall apply to projects funded under the Section 202 

Program, to independent living complexes funded under Section 811 

Program, and to projects financed with loans under subpart E of this 

part. The Owner (or Borrower, as applicable) must submit an analysis of 

any utility allowances applicable. 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 for assisted units. In addition, when utility rate changes 

would result in a cumulative increase of 10 percent or more in the most 

recently approved utility allowances, the Owner (or Borrower) must 

advise HUD and request approval of new utility allowances. Whenever a 

utility allowance for an assisted unit is adjusted, the Owner (or 

Borrower) will promptly notify affected households (or families, as 

applicable) and make a corresponding adjustment of the tenant payment 

(or rent, as applicable) and the amount of the project rental assistance 

payment (or housing or project assistance payment, as applicable).



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

2502-0470)