Regulacje i polityka gospodarcza · 30.09.1996

Public and Indian Housing Performance Funding System: Incentives

This interim rule amends HUD's regulations for the Performance Funding System that governs payment of operating subsidy to Public Housing Agencies and Indian Housing Authorities (collectively called Housing Agencies or HAs). It makes four principal changes: it codifies incentive adjustments that were made for Federal Fiscal Years 1996 through 1998 via a Notice to Housing Agencies; it adds a provision to gradually phase down operating subsidies provided to Housing Agencies when they obtain HUD approval to demolish units; it clarifies how combining two efficiency units into a one-bedroom unit is to be treated for operating subsidy eligibility; and it removes a limitation on the time period that applies to an HA's eligibility to benefit from certain utility savings efforts. A rule is necessary because the incentives that were contained in the referenced Notice were based on legislation that expires after September 30, 1996. Without action by HUD to continue these incentives beyond that date, HAs may be reluctant to adopt and implement worthwhile practices based solely on the provisions of the Notice. Since the Secretary has authority to regulate in this area, promulgation of this inte