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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) There is a separate fair market rent for a manufactured home space. The FMR for a manufactured home space is determined in accordance with § 888.113(e) of this title. The FMR for a manufactured home space is generally 40 percent of the published FMR for a two-bedroom unit.
(b) The payment standard shall be determined in accordance with § 982.505.
(c) The PHA shall pay a monthly housing assistance payment on behalf of the family that is equal to the lower of:
(1) The payment standard minus the total tenant payment; or
(2) The rent paid for rental of the real property on which the manufactured home owned by the family is located (“space rent”) minus the total tenant payment.
(d) The space rent is the sum of the following as determined by the PHA:
(1) Rent to owner for the manufactured home space;
(2) Owner maintenance and management charges for the space;
(3) The utility allowance for tenant-paid utilities.
Cite this article: FindLaw.com - Code of Federal Regulations Title 24. Housing and Urban Development § 24.982.623 Manufactured home space rental: Housing assistance payment - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-24-housing-and-urban-development/cfr-sect-24-982-623/
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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