[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: 24CFR990.120]



[Page 710]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 990_THE PUBLIC HOUSING OPERATING FUND PROGRAM--Table of Contents

 

  Subpart B_Eligibility for Operating Subsidy; Computation of Eligible 

                               Unit Months

 

Sec.  990.120  Unit months.





    (a) Some of the components of HUD's Operating Fund Formula are based 

on a measure known as unit months. Unit months represent a PHA's public 

housing inventory during a specified period of time. The unit months 

eligible for operating subsidy in a 12-month period are equal to the 

number of months that the units are in an operating subsidy-eligible 

category, adjusted for changes in inventory (e.g., units added or 

removed), as described below.

    (b) A PHA is eligible to receive operating subsidy for a unit on the 

date it is both placed under the ACC and occupied. The date a unit is 

eligible for operating subsidy does not change the Date of Full 

Availability (DOFA) or the date of the End of Initial Operating Period 

(EIOP), nor does this provision place a project into management status.