[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: 24CFR968.225]



[Page 510-511]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 968_PUBLIC HOUSING MODERNIZATION--Table of Contents

 

 Subpart B_Comprehensive Improvement Assistance Program (For PHAs That 

                  Own or Operate Fewer Than 250 Units)

 

Sec.  968.225  Budget revisions.



    (a) A PHA shall not incur any modernization cost in excess of the 

total HUD-approved CIAP budget. A PHA shall submit a budget revision, in 

a form prescribed by HUD, if the PHA plans to deviate from the 

originally approved modernization program, as it was competitively 

funded, by deleting or substantially revising approved work items or 

adding new work items that are unrelated to the originally approved 

modernization program, or to change the method of accomplishment from 

contract to force account labor, except as provided in paragraph (b)(4) 

of this section.

    (b) In addition to the requirements of paragraph (a) of this 

section, a PHA shall comply with the following requirements:

    (1) A PHA is not required to obtain prior HUD approval if, in order 

to complete the originally approved modernization program, the PHA needs 

to delete or revise approved work items or add new related work items 

consistent with the original modernization program. In such case, a PHA 

shall certify that the revisions are necessary to carry out the approved 

work and do not result in substantial changes to the competitively 

funded modernization program.



[[Page 511]]



    (2) A PHA shall not incur any modernization cost on behalf of any 

development that is not covered by the original CIAP application.

    (3) Where there are funds leftover after completion of the 

originally approved modernization program, a PHA may, without prior HUD 

approval, use the remaining funds to carry out eligible modernization 

activities at developments covered by the original CIAP application.

    (4) If a PHA is both an overall high performer and a modernization 

high performer under the Public Housing Management Assessment Program 

(PHMAP), the PHA is not required to obtain prior HUD approval to change 

the method of accomplishment from contract to force account labor.