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HUD/PIH | RIN: 2577-AD08 | Publication ID: Spring 2020 |
Title: Housing Opportunity Through Modernization Act of 2016 -- Capital Fund Replacement Reserve Funds Section 109 (FR-6093) | |
Abstract:
The Housing Opportunity Through Modernization Act of 2016 (HOTMA) changed the U.S. Housing Act of 1937 to allow PHAs to establish replacement reserves to be used for Capital Fund-eligible purposes. This rule proposes to implement to the replacement reserve, as well as, permit small PHAs to accumulate capital funds to undertake capital activities. |
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Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
RIN Status: Previously 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 905 | |
Legal Authority: Pub. L. 114-201 130 Stat. 782 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Local, State |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 2577-AD03 | |
Agency Contact: Robert Mulderig Deputy Assistant Secretary, Office of Public Housing Investments Department of Housing and Urban Development Office of Public and Indian Housing 451 Seventh Street SW, Washington, DC 20410 Phone:202 402-4780 |