[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: 24CFR941.305]



[Page 377-378]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 941_PUBLIC HOUSING DEVELOPMENT--Table of Contents

 

                   Subpart C_Application and Proposal

 

Sec.  941.305  Technical processing and approval.



    (a) Standards. HUD shall review the full proposal, submitted in 

accordance with Sec.  941.304, and the site acquisition proposal, 

submitted in accordance with Sec.  941.303, to determine whether each 

proposal complies with all statutory, executive order, and regulatory 

requirements applicable to public housing development including, if 

applicable, the comments received as a result of Intergovernmental 

Review. In addition, HUD shall carry out any necessary statutory and 

executive order reviews with respect to the proposal under review. If 

HUD determines that the proposal under review is acceptable, it shall 

notify the PHA in writing and shall forward to it for execution an ACC 

(or ACC amendment). If the PHA already has executed an ACC (or ACC 

amendment) for the entire reserved amount, HUD shall notify the PHA that 

it is authorized to draw down funds in accordance with Sec.  941.302.

    (b) Approved proposal. Units developed under this part shall be 

developed only in accordance with an approved proposal.



[[Page 378]]



    (c) Approved amendments. Material changes in the approved proposal, 

including any increase in the budget or any change in the payment 

schedule, require an amendment to the proposal, which must be approved 

by HUD. The determination of what constitutes a material change will be 

made by HUD.