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§902.53. Capital Fund program scoring and thresholds.

24 C.F.R. § 902.53

(a)
Scoring. The Capital Fund program indicator score provides an assessment of a PHA's ability to obligate Capital Fund program grants in a timely manner on capital and modernization needs.
(b)
Thresholds.
(1)
The PHA's Capital Fund program score is based on a maximum of 10 points.
(2)
In order to receive a passing score under the Capital Fund program indicator, a PHA must achieve a score of at least 5 points, or 50 percent.
Notes, amendments, and revision history

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.