[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: 24CFR983.59]



[Page 664]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 983_PROJECT-BASED VOUCHER (PBV) PROGRAM--Table of Contents

 

               Subpart B_Selection of PBV Owner Proposals

 

Sec.  983.59  PHA-owned units.



    (a) Selection of PHA-owned units. The selection of PHA-owned units 

must be done in accordance with Sec.  983.51(e).

    (b) Inspection and determination of reasonable rent by independent 

entity. In the case of PHA-owned units, the following program services 

may not be performed by the PHA, but must be performed instead by an 

independent entity approved by HUD.

    (1) Determination of rent to owner for the PHA-owned units. Rent to 

owner for PHA-owned units is determined pursuant to Sec. Sec.  983.301 

through 983.305 in accordance with the same requirements as for other 

units, except that the independent entity approved by HUD must establish 

the initial contract rents based on an appraisal by a licensed, state-

certified appraiser; and

    (2) Inspection of PHA-owned units as required by Sec.  983.103(f).

    (c) Nature of independent entity. The independent entity that 

performs these program services may be the unit of general local 

government for the PHA jurisdiction (unless the PHA is itself the unit 

of general local government or an agency of such government) or another 

HUD-approved public or private independent entity.

    (d) Payment to independent entity and appraiser. (1) The PHA may 

only compensate the independent entity and appraiser from PHA ongoing 

administrative fee income (including amounts credited to the 

administrative fee reserve). The PHA may not use other program receipts 

to compensate the independent entity and appraiser for their services.

    (2) The PHA, independent entity, and appraiser may not charge the 

family any fee for the appraisal or the services provided by the 

independent entity.



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