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HUD/PIH | RIN: 2577-AD11 | Publication ID: Fall 2018 |
Title: ●Economic Growth, Regulatory Relief, and Consumer Protection Act – Implementation of Changes to Operating Fund Rule (FR-6121) | |
Abstract:
Through this revision to the Operating Fund rule (24 CFR 990), HUD proposes to codify the changes section 209(b) of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 (Economic Growth Act) made to section 9(e)(2) of the U.S. Housing Act of 1937. These changes allow small, rural Public Housing Agencies (PHAs), as defined in section 209(a) of the Economic Growth Act to elect to be paid for utility and/or waste management costs based on a frozen rolling base methodology (FRB) for a period not to exceed 20 years. HUD’s changes to the Operating Fund rule will incorporate the FRB provision and clarify how this provision will interact with other aspects of the Operating Fund formula. |
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Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Other | |
CFR Citation: 24 CFR 990 | |
Legal Authority: 42 U.S.C. 1437g 42 U.S.C. 3535(d) |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Kevin Gallagher Department of Housing and Urban Development Office of Public and Indian Housing 451 Seventh Street SW, Washington, DC 20410 Phone:202 402-4192 |