[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: 24CFR990.310]

[Page 724]
 
                 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.

[[Page 725]]