[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: 24CFR982.101]



[Page 579]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 982_SECTION 8 TENANT BASED ASSISTANCE: HOUSING CHOICE VOUCHER PROGRAM

--Table of Contents

 

            Subpart C_Funding and PHA Application for Funding

 

Sec.  982.101  Allocation of funding.



    Source: 60 FR 34695, July 3, 1995, unless otherwise noted.





    (a) Allocation of funding. HUD allocates available budget authority 

for the tenant-based assistance program to HUD field offices.

    (b) Section 213(d) allocation. (1) Section 213(d) of the HCD Act of 

1974 (42 U.S.C. 1439) establishes requirements for allocation of 

assisted housing budget authority. Some budget authority is exempt by 

law from allocation under section 213(d). Unless exempted by law, budget 

authority for the tenant-based programs must be allocated in accordance 

with section 213(d).

    (2) Budget authority subject to allocation under section 213(d) is 

allocated in accordance with 24 CFR part 791, subpart D. There are three 

categories of section 213(d) funding allocations under part 791 of this 

title:

    (i) Funding retained in a headquarters reserve for purposes 

specified by law;

    (ii) funding incapable of geographic formula allocation (e.g., for 

renewal of expiring funding increments); or

    (iii) funding allocated by an objective fair share formula. Funding 

allocated by fair share formula is distributed by a competitive process.

    (c) Competitive process. For budget authority that is distributed by 

competitive process, the Department solicits applications from HAs by 

publishing one or more notices of funding availability (NOFA) in the 

Federal Register. See 24 CFR part 12, subpart B; and 24 CFR 791.406. The 

NOFA explains how to apply for assistance, and specifies the criteria 

for awarding the assistance. The NOFA may identify any special program 

requirements for use of the funding.



[60 FR 34695, July 3, 1995, as amended at 64 FR 26642, May 14, 1999]