24 C.F.R. PART 990--THE PUBLIC HOUSING OPERATING FUND PROGRAM
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
Subpart A--PURPOSE, APPLICABILITY, FORMULA, AND DEFINITIONS
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| Environmental review requirements.
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Subpart B--ELIGIBILITY FOR OPERATING SUBSIDY; COMPUTATION OF ELIGIBLE UNIT MONTHS
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| Eligible unit months (EUMs).
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| Dwelling units with approved vacancies.
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| Addition and deletion of units.
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Subpart C--CALCULATING FORMULA EXPENSES
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| Overview of calculating formula expenses.
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| Computation of project expense level (PEL).
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| Computation of utilities expense level (UEL): Overview.
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| Utilities expense level: Computation of the current consumption level.
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| Utilities expense level: Computation of the rolling base consumption level.
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| Utilities expense level: Incentives for energy conservation/rate reduction.
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| Other formula expenses (add-ons).
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Subpart D--CALCULATING FORMULA INCOME
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| Calculation of formula income.
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Subpart E--DETERMINATION AND PAYMENT OF OPERATING SUBSIDY
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| Determination of formula amount.
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| Fungibility of operating subsidy between projects.
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| Payment of operating subsidy.
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| Payments of operating subsidy conditioned upon reexamination of income of families in occupancy.
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Subpart F--TRANSITION POLICY AND TRANSITION FUNDING
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| Transition determination.
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| PHAs that will experience a subsidy reduction.
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| PHAs that will experience a subsidy increase.
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Subpart G--APPEALS
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| Requirements for certain appeals.
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Subpart H--ASSET MANAGEMENT
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| Identification of projects.
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| Project-based management (PBM).
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| Project-based budgeting and accounting.
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| Compliance with asset management requirements.
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Subpart I--OPERATING SUBSIDY FOR PROPERTIES MANAGED BY RESIDENT MANAGEMENT CORPORATIONS (RMCS)
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| Resident Management Corporation operating subsidy.
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| Preparation of operating budget.
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| Retention of excess revenues.
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Subpart J--FINANCIAL MANAGEMENT SYSTEMS, MONITORING, AND REPORTING
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| Purpose--General policy on financial management, monitoring and reporting.
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| Submission and approval of operating budgets.
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| Record retention requirements.
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