[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: 24CFR985.109]



[Page 707]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 985_SECTION 8 MANAGEMENT ASSESSMENT PROGRAM (SEMAP)--Table of 

Contents

 

                       Subpart B_Program Operation

 

Sec.  985.109  Default under the Annual Contributions Contract (ACC).



    HUD may determine that an PHA's failure to correct identified SEMAP 

deficiencies or to prepare and implement a corrective action plan 

required by HUD constitutes a default under the ACC.



Subpart C--Physical Assessment Component [Reserved]