§1000.320. How is Formula Current Assisted Stock adjusted for local area costs?
24 C.F.R. § 1000.320
There are two adjustment factors that are used to adjust the allocation of funds for the Current Assisted Stock portion of the formula. They are:
Operating Subsidy as adjusted by the greater of the AEL factor or FMR factor (AELFMR); and
Modernization as adjusted by TDC.
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 4101 et seq.; 42 U.S.C. 3535(d).
Source
Source: 63 FR 12349, Mar. 12, 1998, unless otherwise noted.