[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: 24CFR990.310]



[Page 726]

 

                 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 J_Financial Management Systems, Monitoring, and Reporting

 

Sec.  990.310  Purpose--General policy on financial management, 

monitoring and reporting.





    All PHA financial management systems, reporting, and monitoring of 

program performance and financial reporting shall be in compliance with 

the requirements of 24 CFR 85.20, 85.40, and 85.41. Certain HUD 

requirements provide exceptions for additional specialized procedures 

that are determined by HUD to be necessary for the proper management of 

the program in accordance with the requirements of the 1937 Act and the 

ACC between each PHA and HUD.