24 C.F.R. § 1000.314
What is formula current assisted stock?
Formula current assisted stock is current assisted stock as described in § 1000.312 plus 1937 Act units in the development pipeline when they become owned or operated by the recipient and are under management as indicated in the Formula Response Form. Formula current assisted stock also includes Section 8 units when their current contract expires and the Indian tribe continues to manage the assistance in a manner similar to the Section 8 program, as reported on the Formula Response Form.
Notes of Decisions
Cited in 2
cases, 2010–2011 · leading case: Lummi Tribe of the Lummi Reservation v. United States, 99 Fed. Cl. 584 (Fed. Cl. 2011).
Lummi Tribe of the Lummi Reservation v. United States, 99 Fed. Cl. 584 (Fed. Cl. 2011). “24 C.F.R. §§ 1000.314 , 1000.318. In general, Indian families agreed to contribute land, work, cash, or materials and equipment for the construction of a home in exchange for a lease-to-own arrangement for a term of up to 25 years.”
Fort Peck Hous. Auth. v. United States Dep't of Hous. & Urban Dev., 367 F. App'x 884 (10th Cir. 2010). “24 C.F.R. § 1000.314 . This definition was the starting point in determining current units.”
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