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Data / Federal rules / 2024-28297

Updated Terminology for State Housing Agency Housing Assistance Payments Contracts

The Housing and Urban Development Department published this final rule in the Federal Register on December 4, 2024. It took effect on January 3, 2025.

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What the agency says

This final rule revises HUD's regulations for Housing Assistance Payments contracts that were initially issued and administered by a State Housing Finance Agency. This final rule clarifies the meaning of the terms "HFA (Housing Finance Agency)" and "State Agency (Agency)" when HUD either assumes contract administration responsibilities or assigns the contract administration responsibilities to a Performance-Based Contract Administrator. This final rule also clarifies how reserve accounts may be transferred following assumption of contract administration duties by a new party. These regulatory changes conform with longstanding HUD policy and practice. This final rule adopts HUD's July 17, 2024, proposed rule without change.

Key facts

Document number
2024-28297
Type
Final rule
Action
Final rule
Agency
Housing and Urban Development Department
Published
December 4, 2024
Takes effect
January 3, 2025
Dates
Effective January 3, 2025.
Docket
Docket No. FR-6378-F-02
Regulation ID (RIN)
2502-AJ68
Code of Federal Regulations
24 CFR 883
Topics
Accounting; Administrative practice and procedure; Government contracts; Grant programs-housing and community development; Low and moderate income housing; Public assistance programs; Public housing; Rent subsidies; Reporting and recordkeeping requirements; State and local governments
Pages
3

The document on federalregister.gov PDF

Other documents from the Housing and Urban Development Department

Everything from the Housing and Urban Development Department · Rules on accounting · Rules on administrative practice and procedure · Rules on government contracts · Published in December 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.