24 CFR 1000.320 - How is Formula Current Assisted Stock adjusted for local area costs?

Regulations last checked for updates: May 18, 2024

Title 24 - Housing and Urban Development last revised: May 07, 2024

§ 1000.320 - How is Formula Current Assisted Stock adjusted for local area costs?

There are two adjustment factors that are used to adjust the allocation of funds for the Current Assisted Stock portion of the formula. They are:

(a) Operating Subsidy as adjusted by the greater of the AEL factor or FMR factor (AELFMR); and

(b) Modernization as adjusted by TDC.

authority: 25 U.S.C. 4101

source: 63 FR 12349, Mar. 12, 1998, unless otherwise noted.

cite as: 24 CFR 1000.320