[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: 24CFR990.155]



[Page 712]

 

                 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.  990.155  Addition and deletion of units.



    (a) Changes in public housing unit inventory. To generate a change 

to its formula amount within each one-year funding period, PHAs shall 

periodically (e.g., quarterly) report the following information to HUD, 

during the funding period:

    (1) New units that were added to the ACC, and occupied by a public 

housing-eligible family during the prior reporting period for the one-

year funding period, but have not been included in the previous EUMs' 

data; and

    (2) Projects, or entire buildings in a project, that are eligible to 

receive an asset repositioning fee in accordance with the provisions in 

Sec.  990.190(h).

    (b) Revised EUM calculation. (1) For new units, the revised 

calculation shall assume that all such units will be fully occupied for 

the balance of that funding period. The actual occupancy/vacancy status 

of these units will be included to calculate the PHA's operating subsidy 

in the subsequent funding period after these units have one full year of 

a reporting cycle.

    (2) Projects, or entire buildings in a project, that are eligible to 

receive an asset repositioning fee in accordance with Sec.  990.190(h) 

are not to be included in the calculation of EUMs. Funding for these 

units is provided under the conditions described in Sec.  990.190(h).