[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: 24CFR982.154]



[Page 584]

 

                 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 D_Annual Contributions Contract and PHA Administration of 

                                 Program

 

Sec.  982.154  ACC reserve account.



    (a) HUD may establish and maintain an unfunded reserve account for 

the PHA program from available budget authority under the consolidated 

ACC. This reserve is called the ``ACC reserve account'' (formerly 

``project reserve''). There is a single ACC reserve account for the PHA 

program.

    (b) The amount in the ACC reserve account is determined by HUD. HUD 

may approve payments for the PHA program, in accordance with the PHA's 

HUD-approved budget, from available amounts in the ACC reserve account.



[64 FR 26642, May 14, 1999]