24 C.F.R. § 982.157

§ 982.157 Budget and expenditure. (24 CFR Part 982)

In Force
Verified 5/25/2026 · Next check 6/24/2026
effective 5/25/2026FederalSection 8 HCV

Operative Text

24 C.F.R. § 982.157
(a)  Each PHA fiscal year, the PHA must submit its proposed budget for the program to HUD for approval at such time and in such form as required by HUD.

(b)  (1) Program receipts must be used in accordance with the PHA's HUD-approved budget. Such program receipts may only be used for:

(i) Housing assistance payments; and

(ii) PHA administrative fees.

(2) The PHA must maintain a system to ensure that the PHA will be able to make housing assistance payments for all participants within the amounts contracted under the consolidated ACC.

(c)  Program receipts may not be used to indemnify contractors or subcontractors of the PHA against costs associated with any judgment of infringement of intellectual property rights.
Source: Legislative text reproduced verbatim

Effective Timeline

Current
May 25, 2026
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Related Rules

§ 982.407
§ 982.407 Enforcement of HQS.
§ 982.451
§ 982.451 Housing assistance payments contract.
§ 982.452
§ 982.452 Owner responsibilities.

Source Information

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