[Code of Federal Regulations]
[Title 24, Volume 4]
[Revised as of April 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR990.120]

[Page 708]
 
                 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.