24 Cfr 886-126

24CFR886-126.doc

Utility Allowance Adjustments

24 CFR 886-126

OMB: 2502-0352

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TITLE 24--HOUSING AND URBAN DEVELOPMENT


PART 886--SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM--SPECIAL ALLOCATIONS


Subpart A--Additional Assistance Program for Projects With HUD-Insured and HUD-Held Mortgages



Sec. 886.126 Adjustment of utility allowances.


When the owner requests HUD approval of adjustment in Contract Rents under Sec. 886.112, an analysis of the project's Utility Allowances must be included. Such data as changes in utility rates and other facts affecting utility consumption should be provided as part of this analysis to permit appropriate adjustments in the Utility Allowances. In addition, when approval of a utility rate change would result in a cumulative increase of 10 percent or more in the most recently approved Utility Allowances, the owner must advise the Secretary and request approval of new Utility Allowances.


(Approved by the Office of Management and Budget under control numbers

2502-0352)


File Typeapplication/msword
File TitleTITLE 24--HOUSING AND URBAN DEVELOPMENT
AuthorHUD
Last Modified ByHUD
File Modified2003-09-24
File Created2003-09-24

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