---
kind: "section"
citation: "24 C.F.R. § 902.30"
title: "24"
number: "902.30"
heading: "Financial condition assessment."
url: "https://uscodex.org/cfr/24/902.30"
---

# §902.30. Financial condition assessment.

- (a) **Objective.** The objective of the financial condition indicator is to measure the financial condition of each public housing project within a PHA's public housing portfolio for the purpose of evaluating whether there are sufficient financial resources to support the provision of housing that is DSS/GR. Individual project scores for financial condition, as well as overall financial condition scores, will be issued.
- (b) **Financial reporting standards.** A PHA's financial condition will be assessed under this indicator by measuring the combined performance of all public housing projects in each of the subindicators listed in [§ 902.35](/cfr/24/902.35.md), on the basis of the annual financial report provided in accordance with [§ 902.33](/cfr/24/902.33.md).
- (c) **Exclusions.** Mixed-finance projects are excluded from the financial condition indicator.

## Notes

### Authority

Authority: 42 U.S.C. 1437d(j), 42 U.S.C. 3535(d), 1437z-10.

### Source

Source: 76 FR 10149, Feb. 23, 2011, unless otherwise noted.