[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: 24CFR943.122]



[Page 392-393]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 943_PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES--Table of 

Contents

 

                           Subpart B_Consortia

 

Sec.  943.122  How is a consortium organized?



    (a) PHAs that elect to form a consortium enter into a consortium 

agreement among the participating PHAs, specifying a lead agency (see 

Sec.  943.124), and submit a joint PHA Plan (Sec.  943.118). HUD enters 

into any necessary payment agreements with the lead agency and the other 

participating PHAs (see Sec.  943.126) to provide that HUD funding to 

the participating PHAs for program categories covered by the consortium 

will be paid to the lead agency.



[[Page 393]]



    (b) The lead agency must not be a PHA that is designated as a 

``troubled PHA'' by HUD, that has been determined by HUD to fail the 

civil rights compliance threshold for new funding, or that has had a 

PHAS designation withheld for civil rights or other reasons. The lead 

agency is designated to receive HUD program payments on behalf of 

participating PHAs, to administer HUD requirements for administration of 

the funds, and to apply the funds in accordance with the consortium 

agreement and HUD regulations and requirements.