24 CFR 982.154 : Housing And Urban Development (§ 0.1 To Parts 4101-4199) — (§ 700.100 To Parts 1008-1699) — Regulations Relating To Housing And Urban Development (Continued) (§ 700.100 To Parts 1008-1699) — Office Of Assistant Secretary For Public And Indian Housing, Department Of Housing And Urban Development (Parts 900-901 To Parts 1008-1699) — Section 8 Tenant-Based Assistance: Housing Choice Voucher Program (§ 982.1 To § 982.643) — Annual Contributions Contract And Pha Administration Of Program (§ 982.151 To § 982.163) — ACC reserve account.

4 Aug 2016

(a) HUD may establish and maintain an unfunded reserve account for the PHA program from available budget authority under the consolidated ACC. This reserve is called the “ACC reserve account” (formerly “project reserve”). There is a single ACC reserve account for the PHA program.

(b) The amount in the ACC reserve account is determined by HUD. HUD may approve payments for the PHA program, in accordance with the PHA's HUD-approved budget, from available amounts in the ACC reserve account.

24 CFR 982.154

[64 FR 26642, May 14, 1999]