1. Regulations
  2. title 24
  3. chapter IX
  4. part 990
  5. subpart B
  6. § 990.130

View all text of Subpart B [§ 990.120 - § 990.155]

§ 990.130 - Ineligible units.

(a) Vacant units that do not fall within the definition of § 990.145 or § 990.150 are not eligible for operating subsidy under this part.

(b) Units that are eligible to receive an asset-repositioning fee, as described in § 990.190(h), are not eligible to receive operating subsidy under this subpart.

AUTHORITY: 42 U.S.C. 1437g; 42 U.S.C. 3535(d).

SOURCE: 70 FR 54997, Sept. 19, 2005, unless otherwise noted.

CITE AS: 24 CFR 990.130