Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to 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 F - Transition Policy and Transition Funding |
§ 990.220 - Purpose.
Latest version.
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§ 990.220 Purpose.
This policy is aimed at assisting all PHAs in transitioning to the new funding levels as determined by the formula set forth in this rule. PHAs will be subject to a transition funding policy that will either increase or reduce their total operating subsidy for a given year.