24 CFR 941.101 - Purpose and scope.
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(a) Purpose. The U.S. Housing Act of 1937 (Act), 42 U.S.C. 1437, authorizes HUD to assist public housing agencies (PHAs) with the development and operation of low-income housing projects and financial assistance in the form of grants (42 U.S.C. 1437c, 1437g, and 1437l). The purpose of the program is to develop units which serve the needs of public housing residents over the long term and have the lowest possible life cycle costs, taking into account future operating and replacement costs, as well as original capital investments.
(b) Scope. This part is the regulation under which a PHA develops low-income housing (excluding Indian housing), herein called public housing.
(c) Approved information collections. The following sections of this part have been approved by the Office of Management and Budget in accordance with the Paperwork Reduction Act of 1995 (42 U.S.C. 3501-3520) and assigned the OMB approval numbers indicated:
|2577-0033||941.207, 941.301, 941.303, 941.304, 941.606, 941.610.|
Effective Date Note:
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