24 C.F.R. § 574.240

§ 574.240 Application requirements. (24 CFR Part 574)

In Force
Verified 9/2/2026 · Next check 10/2/2026
effective 9/2/2026FederalAffordable Housing Programs

Operative Text

24 C.F.R. § 574.240
Applications must comply with the provisions of the Department's Notice of Funding Availability (NOFA) for the fiscal year published in the Federal Register in accordance with 24 CFR part 12. The rating criteria, including the point value for each, are described in the NOFA, including criteria determined by the Secretary.
Source: Legislative text reproduced verbatim
Plain English

Under 24 CFR Part 574 § 574.240, any application for funding under this program must conform to the requirements set out in the Department of Housing and Urban Development's Notice of Funding Availability (NOFA) for the relevant fiscal year, as published in the Federal Register. The NOFA itself defines the rating criteria used to evaluate applications, including the specific point values assigned to each criterion, some of which are determined directly by the Secretary of HUD. This provision essentially makes the NOFA the governing document for how applications are structured and scored.

Written by anthropic/claude-sonnet-4.6 · Reviewed on September 3, 2026

Plain English — not legal advice.

For Property Managers

Property owners and managers seeking funding under 24 CFR Part 574 § 574.240 generally stay current with the applicable fiscal year's NOFA as published in the Federal Register, since that document sets the specific application requirements and scoring criteria. Compliant applicants typically review each rating criterion and its assigned point value before preparing their submissions to ensure all required elements are addressed. Monitoring HUD's Federal Register notices and the 24 CFR part 12 publication process is a standard part of preparing a competitive application.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Under 24 CFR Part 574 § 574.240, the funding application process is governed by HUD's NOFA, which outlines how applications are rated and what criteria matter most. Tenants and tenant advocates who want to understand whether a particular funding application was evaluated fairly can review the relevant fiscal year's NOFA in the Federal Register to see the published rating criteria and point values. Those with concerns about how applications were processed may find it useful to consult a tenant-rights organization or a HUD-approved housing counselor familiar with this program.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated September 3, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Sep 2, 2026
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Related Rules

§ 1437
Declaration of policy and public housing agency organization
§ 5.100
§ 5.100 Definitions.
§ 5.107
§ 5.107 Audit requirements for non-profit organizations.

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