C.F.R. » Title 24 » CHAPTER IX—OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › PART 982—SECTION 8 TENANT-BASED ASSISTANCE: HOUSING CHOICE VOUCHER PROGRAM › Subpart D—Annual Contributions Contract and PHA Administration of Program

24 C.F.R. § 982.154

ACC reserve account

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(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.

[64 FR 26642, May 14, 1999]
Notes of Decisions
Cited in 1 case, 1997–1997 · leading case: Jackson v. Jacobs, 971 F. Supp. 560 (N.D. Ga. 1997).
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Jackson v. Jacobs, 971 F. Supp. 560 (N.D. Ga. 1997). “24 C.F.R. § 982.154 & .155. Plaintiffs have submitted evidence from a prior action before this court which indicates that JHA is authorized to use funds from these accounts for the purpose of accommodating those who have been wrongly denied benefits, and Defendants have failed…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.