Regulations last checked for updates: Nov 24, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024
§ 943.144 - What financial impact do operations of a subsidiary, affiliate, or joint venture have on a PHA?

Income generated by subsidiaries, affiliates, or joint ventures formed under the authority of this subpart is to be used for low-income housing or to benefit the residents assisted by the PHA. This income will not cause a decrease in funding provided under the public housing program, except as otherwise provided under the Operating Fund and Capital Fund formulas.

authority: 42 U.S.C. 1437k and 3535(d)
source: 65 FR 71207, Nov. 29, 2000, unless otherwise noted.
cite as: 24 CFR 943.144