24 CFR 985.109 - Default under the Annual Contributions Contract (ACC).

Regulations last checked for updates: Feb 09, 2026

Title 24 - Housing and Urban Development last revised: Jan 07, 2026

View all text of Subpart B [§ 985.101 - § 985.109]

§ 985.109 - Default under the Annual Contributions Contract (ACC).

HUD may determine that an PHA's failure to correct identified SEMAP deficiencies or to prepare and implement a corrective action plan required by HUD constitutes a default under the ACC.

authority: 42 U.S.C. 1437a,1437c,1437f,1437z,and

source: 63 FR 48555, Sept. 10, 1998, unless otherwise noted.

cite as: 24 CFR 985.109