24 CFR 943.142
§ 943.142 In what types of operating organizations may a PHA participate?
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 943.142, § 943.142 In what types of operating organizations may a PHA participate?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101825
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Full text
(a) A PHA may create and operate a wholly owned or controlled subsidiary or other affiliate; may enter into joint ventures, partnerships, or other business arrangements with individuals, organizations, entities, or governmental units. A subsidiary or affiliate may be a nonprofit corporation. A subsidiary or affiliate may be an organization controlled by the same persons who serve on the governing board of the PHA or who are employees of the PHA.
(b) The purpose of any of these operating organizations would be to administer programs of the PHA.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.