[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: 24CFR990.175]



[Page 714]

 

                 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 C_Calculating Formula Expenses

 

Sec.  990.175  Utilities expense level: Computation of the current 

consumption level.



    The current consumption level shall be the actual amount of each 

utility consumed during the 12-month period ending June 30th that is 6 

months prior to the first day of the applicable funding period.