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Current as of January 02, 2025 | Updated by Findlaw Staff
A PHA that wishes to convert a public housing development to tenant-based assistance must comply with the following process:
(a) The PHA must perform a conversion assessment, in accordance with §§ 972.218–972.224 and submit it to HUD as part of the next PHA Annual Plan submission.
(b) The PHA must prepare a conversion plan, in accordance with § 972.227–972.233, and submit it to HUD, as part of its PHA Annual Plan, within one year after submitting the conversion assessment. The PHA may submit the conversion plan in the same Annual Plan as the conversion assessment.
(c) The PHA may proceed to convert the development if HUD approves the conversion plan.
Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.972.209 Procedure for voluntary conversion of public housing developments to tenant-based assistance - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-972-209/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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