[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: 24CFR990.155]

[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. 990.155  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).