1、541 Asst. Secry., for Public and Indian Housing, HUD Pt. 982 or a figure based on 10 percent of TDC must be used. For example, if the development has 200 oc-cupied two-bedroom units, 150 occupied three-bedroom units, and 25 occupied four- bedroom units, and if the monthly payment standard for vouche
2、r units occupied by re-cent movers is $550 for two-bedroom units, $650 for three-bedroom units, and $750 for four-bedroom units, the unit-weighted monthly payment standard is $603.33. If the administrative fee comes to $46 per unit, then the monthly per unit operating voucher costs are $649.33, whic
3、h rounds to an annual total of $2,922,000 for 375 occupied units of the same bedroom size as those being demolished in public housing. To these operating vouch-er costs, a first-year relocation is added on the voucher side. For per-unit relocation costs of $1,000 per unit for relocation, then $375,0
4、00 for 375 units is placed on the voucher cost side of the first year. Accumulated Discounted Cost: Vouchers The overall cost for vouchers is the sum of the discounted values of the yearly stream of costs up for the amortization period, which can range from 20 to 30 to 40 years, depending on the ext
5、ent of modernization relative to the current physical and redesign needs of the development. The amortization period chosen is the one that was appropriate for discounting public housing costs. In calcu-lating net present value for required conver-sion, the sum of all costs in each future year is di
6、scounted back to the current year using the OMB-specified real discount rate. For voluntary conversion, the discount rate is applied forward as a direct inflation factor. To assist PHAs in completing the net present value comparison and to ensure con-sistency in the calculations, HUD has devel-oped
7、a spreadsheet calculator that will be available for downloading from the HUD Internet site. III. RESULTS OF THE EXAMPLE With the hypothetical data used in the ex-amples, under an amortization period of 30 years, the discounted public housing costs under required conversion sums to $69,633,225, and t
8、he discounted voucher cost under required conversions totals $60,438,698. The ratio is 1.15, which means that public housing is 15 percent more costly than vouchers. With this amortization and this data, the PHA would be required to convert the development under the requirements of subpart A of this
9、 part, except in a situation where a PHA can demonstrate a distressed property that has failed the cost-test can be redeveloped by meeting each of the four fac-tors that compose the long-term physical vi-ability test to avoid removal from the inven-tory. With the same data, but a 40-year am-ortizati
10、on period, public housing is still 11 percent costlier than vouchers, and with a 20-year amortization, public housing is 25 percent costlier than vouchers. In voluntary conversion, with the same hypothetical data, but a slightly different methodology (use of residual value as a public housing cost,
11、in-flating forward the discount numbers), the ratio of public housing costs to voucher costs would be 1.16 for the 20-year amortization pe-riod, 1.03 for the 30-year amortization period, and .97 for the 20-year amortization period. Thus, in voluntary conversion, the appro-priate amortization period
12、would decide whether public housing is more costly or is slightly more costly, or less than vouchers. Under a 20-year amortization assumption and possibly under a 30-year amortization period, the PHA would have the option of preparing a conversion plan for the develop-ment under subpart B of this pa
13、rt. Different sets of data would yield different conclusions for required and voluntary conversion deter-minations. 71 FR 14336, Mar. 21, 2006 PART 982SECTION 8 TENANT BASED ASSISTANCE: HOUSING CHOICE VOUCHER PROGRAM Subpart AGeneral Information Sec. 982.1 Programs: Purpose and structure. 982.2 Appl
14、icability. 982.3 HUD. 982.4 Definitions. 982.5 Notices required by this part. Subpart BHUD Requirements and PHA Plan for Administration of Program 982.51 PHA authority to administer pro-gram. 982.52 HUD requirements. 982.53 Equal opportunity requirements and protection for victims of domestic vio-le
15、nce, dating violence, or stalking. 982.54 Administrative plan. Subpart CFunding and PHA Application for Funding 982.101 Allocation of funding. 982.102 Allocation of budget authority for renewal of expiring CACC funding incre-ments. 982.103 PHA application for funding. 982.104 HUD review of applicati
16、on. Subpart DAnnual Contributions Contract and PHA Administration of Program 982.151 Annual contributions contract. 982.152 Administrative fee. 982.153 PHA responsibilities. 982.154 ACC reserve account. VerDate Mar2010 10:07 May 20, 2011 Jkt 223080 PO 00000 Frm 00551 Fmt 8010 Sfmt 8010 Y:SGML223080.
17、XXX 223080erowe on DSK5CLS3C1PROD with CFRProvided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-542 24 CFR Ch. IX (4111 Edition) Pt. 982 982.155 Administrative fee reserve. 982.156 Depositary for program funds. 982.157 Budget and expenditure. 982.158 Progr
18、am accounts and records. 982.159 Audit requirements. 982.160 HUD determination to administer a local program. 982.161 Conflict of interest. 982.162 Use of HUD-required contracts and other forms. 982.163 Fraud recoveries. Subpart EAdmission to Tenant-Based Program 982.201 Eligibility and targeting. 9
19、82.202 How applicants are selected: General requirements. 982.203 Special admission (non-waiting list): Assistance targeted by HUD. 982.204 Waiting list: Administration of wait-ing list. 982.205 Waiting list: Different programs. 982.206 Waiting list: Opening and closing; public notice. 982.207 Waiti
20、ng list: Local preferences in ad-mission to program. Subpart F Reserved Subpart GLeasing a Unit 982.301 Information when family is selected. 982.302 Issuance of certificate or voucher; Requesting PHA approval of assisted ten-ancy. 982.303 Term of voucher. 982.304 Illegal discrimination: PHA assist-a
21、nce to family. 982.305 PHA approval of assisted tenancy. 982.306 PHA disapproval of owner. 982.307 Tenant screening. 982.308 Lease and tenancy. 982.309 Term of assisted tenancy. 982.310 Owner termination of tenancy. 982.311 When assistance is paid. 982.312 Absence from unit. 982.313 Security deposit
22、: Amounts owed by tenant. 982.314 Move with continued tenant-based assistance. 982.315 Family break-up. 982.316 Live-in aide. 982.317 Lease-purchase agreements. Subpart HWhere Family Can Live and Move 982.351 Overview. 982.352 Eligible housing. 982.353 Where family can lease a unit with tenant-based
23、 assistance. 982.355 Portability: Administration by re-ceiving PHA. Subpart IDwelling Unit: Housing Quality Standards, Subsidy Standards, Inspec-tion and Maintenance 982.401 Housing quality standards (HQS). 982.402 Subsidy standards. 982.403 Terminating HAP contract when unit is too small. 982.404 M
24、aintenance: Owner and family re-sponsibility; PHA remedies. 982.405 PHA initial and periodic unit inspec-tion. 982.406 Enforcement of HQS. Subpart JHousing Assistance Payments Contract and Owner Responsibility 982.451 Housing assistance payments con-tract. 982.452 Owner responsibilities. 982.453 Own
25、er breach of contract. 982.454 Termination of HAP contract: Insuf-ficient funding. 982.455 Automatic termination of HAP con-tract. 982.456 Third parties. Subpart KRent and Housing Assistance Payment 982.501 Overview. 982.502 Conversion to voucher program. 982.503 Voucher tenancy: Payment standard am
26、ount and schedule. 982.504 Voucher tenancy: Payment standard for family in restructured subsidized multifamily project. 982.505 Voucher tenancy: How to calculate housing assistance payment. 982.506 Negotiating rent to owner. 982.507 Rent to owner: Reasonable rent. 982.508 Maximum family share at ini
27、tial oc-cupancy. 982.509 Rent to owner: Effect of rent con-trol. 982.510 Other fees and charges. 982.514 Distribution of housing assistance payment. 982.515 Family share: Family responsibility. 982.516 Family income and composition: Regular and interim examinations. 982.517 Utility allowance schedul
28、e. 982.518 Regular tenancy: How to calculate housing assistance payment. 982.519 Regular tenancy: Annual adjustment of rent to owner. 982.520 Regular tenancy: Special adjustment of rent to owner. 982.521 Rent to owner in subsidized project. Subpart LFamily Obligations; Denial and Termination of Assi
29、stance 982.551 Obligations of participant. VerDate Mar2010 10:07 May 20, 2011 Jkt 223080 PO 00000 Frm 00552 Fmt 8010 Sfmt 8010 Y:SGML223080.XXX 223080erowe on DSK5CLS3C1PROD with CFRProvided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-543 Asst. Secry., fo
30、r Public and Indian Housing, HUD 982.1 982.552 PHA denial or termination of assist-ance for family. 982.553 Denial of admission and termination of assistance for criminals and alcohol abusers. 982.554 Informal review for applicant. 982.555 Informal hearing for participant. Subpart MSpecial Housing T
31、ypes 982.601 Overview. SINGLE ROOM OCCUPANCY (SRO) 982.602 SRO: Who may reside in an SRO? 982.603 SRO: Lease and HAP contract. 982.604 SRO: Voucher housing assistance payment. 982.605 SRO: Housing quality standards. CONGREGATE HOUSING 982.606 Congregate housing: Who may reside in congregate housing.
32、 982.607 Congregate housing: Lease and HAP contract. 982.608 Congregate housing: Voucher hous-ing assistance payment. 982.609 Congregate housing: Housing quality standards. GROUP HOME 982.610 Group home: Who may reside in a group home. 982.611 Group home: Lease and HAP con-tract. 982.612 Group home:
33、 State approval of group home. 982.613 Group home: Rent and voucher hous-ing assistance payment. 982.614 Group home: Housing quality stand-ards. SHARED HOUSING 982.615 Shared housing: Occupancy. 982.616 Shared housing: Lease and HAP con-tract. 982.617 Shared housing: Rent and voucher housing assista
34、nce payment. 982.618 Shared housing: Housing quality standards. COOPERATIVE 982.619 Cooperative housing. MANUFACTURED HOME 982.620 Manufactured home: Applicability of requirements. 982.621 Manufactured home: Housing qual-ity standards. MANUFACTURED HOME SPACE RENTAL 982.622 Manufactured home space r
35、ental: Rent to owner. 982.623 Manufactured home space rental: Housing assistance payment. 982.624 Manufactured home space rental: Utility allowance schedule. HOMEOWNERSHIP OPTION 982.625 Homeownership option: General. 982.626 Homeownership option: Initial re-quirements. 982.627 Homeownership option:
36、 Eligibility requirements for families. 982.628 Homeownership option: Eligible units. 982.629 Homeownership option: Additional PHA requirements for family search and purchase. 982.630 Homeownership option: Homeowner-ship counseling. 982.631 Homeownership option: Home in-spections, contract of sale,
37、and PHA dis-approval of seller. 982.632 Homeownership option: Financing purchase of home; affordability of pur-chase. 982.633 Homeownership option: Continued assistance requirements; Family obliga-tions. 982.634 Homeownership option: Maximum term of homeownership assistance. 982.635 Homeownership op
38、tion: Amount and distribution of monthly homeownership assistance payment. 982.636 Homeownership option: Portability. 982.637 Homeownership option: Move with continued tenant-based assistance. 982.638 Homeownership option: Denial or termination of assistance for family. 982.639 Homeownership option:
39、 Administra-tive fees. 982.641 Homeownership option: Applica-bility of other requirements. 982.642 Homeownership option: Pilot pro-gram for homeownership assistance for disabled families. 982.643 Homeownership option: Downpay-ment assistance grants. AUTHORITY: 42 U.S.C. 1437f and 3535(d). SOURCE: 59
40、 FR 36682, July 18, 1994, unless otherwise noted. EDITORIAL NOTE: Nomenclature changes to part 982 appear at 64 FR 26640, May 14, 1999. Subpart AGeneral Information SOURCE: 60 FR 34695, July 3, 1995, unless otherwise noted. 982.1 Programs: purpose and struc-ture. (a) General description. (1) In the
41、HUD Housing Choice Voucher Program (Voucher Program) and the HUD cer-tificate program, HUD pays rental sub-sidies so eligible families can afford de-cent, safe and sanitary housing. Both programs are generally administered by State or local governmental entities VerDate Mar2010 10:07 May 20, 2011 Jk
42、t 223080 PO 00000 Frm 00553 Fmt 8010 Sfmt 8010 Y:SGML223080.XXX 223080erowe on DSK5CLS3C1PROD with CFRProvided by IHSNot for ResaleNo reproduction or networking permitted without license from IHS-,-,-544 24 CFR Ch. IX (4111 Edition) 982.2 called public housing agencies (PHAs). HUD provides housing a
43、ssistance funds to the PHA. HUD also provides funds for PHA administration of the pro-grams. PHAs are no longer allowed to enter into contracts for assistance in the certificate program. (2) Families select and rent units that meet program housing quality standards. If the PHA approves a fam-ilys un
44、it and tenancy, the PHA con-tracts with the owner to make rent subsidy payments on behalf of the fam-ily. A PHA may not approve a tenancy unless the rents is reasonable. (3) In the certificate program, the rental subsidy is generally based on the actual rent of a unit leased by the as-sisted family.
45、 In the voucher program, the rental subsidy is determined by a formula. (4)(i) In the certificate program, the subsidy for most families is the dif-ference between the rent and 30 percent of adjusted monthly income. (ii) In the voucher program, the sub-sidy is based on a local payment standard that
46、reflects the cost to lease a unit in the local housing mar-ket. If the rent is less than the pay-ment standard, the family generally pays 30 percent of adjusted monthly in-come for rent. If the rent is more than the payment standard, the family pays a larger share of the rent. (b) Tenant-based and p
47、roject-based as-sistance. (1) Section 8 assistance may be tenant-based or project-based. In project-based programs, rental assist-ance is paid for families who live in specific housing developments or units. With tenant-based assistance, the as-sisted unit is selected by the family. The family may r
48、ent a unit anywhere in the United States in the jurisdiction of a PHA that runs a voucher program. (2) To receive tenant-based assist-ance, the family selects a suitable unit. After approving the tenancy, the PHA enters into a contract to make rental subsidy payments to the owner to sub-sidize occup
49、ancy by the family. The PHA contract with the owner only cov-ers a single unit and a specific assisted family. If the family moves out of the leased unit, the contract with the owner terminates. The family may move to another unit with continued assistance so long as the family is com-plying with program requirements. 60 FR 34695, July 3, 1995, as amended at 64 FR 26640, May 14, 1999 982.2 Applicability. (a) Part 982 is a unified statement of program require
