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| HUD/PIH | RIN: 2577-AC02 | Publication ID: Spring 2000 |
| Title: Voluntary Conversion of Public Housing to Vouchers (Tenant-Based Assistance) (FR-4476) | |
| Abstract: This rule implements a recent revision to the statute authorizing the public housing and Section 8 housing assistance programs to allow a Public Housing Agency (PHA) to convert any public housing project it owns to tenant-based assistance where the conversion would satisfy statutory objectives. If, after conducting a conversion assessment, the PHA determines that the following conditions are met, it may convert the project: Conversion will not be more expensive than continued operation of the project conversion will benefit residents and the community; and conversion will not adversely affect the availability of affordable housing in the community. The statute requires every PHA to conduct and submit to HUD a conversion assessment for its projects no later than October 1 2001. However, HUD has the authority to exclude developments from the assessment requirement, or to streamline the conversion assessment requirements, and this rule does include streamlining for specified categories of developments. This rule takes into consideration public comments received on the proposed rule. | |
| Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 24 CFR 972 | |
| Legal Authority: 42 USC 1437t 42 USC 1437z-5 42 USC 3535(d) | |
Legal Deadline:
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
| Federalism: No | |
| Included in the Regulatory Plan: No | |
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Agency Contact: Rod Solomon Deputy Assistant Secretary for Policy, Program and Legislative Initiatives Department of Housing and Urban Development Office of Public and Indian Housing Phone:202 708-0713 |
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