---
kind: "section"
citation: "24 C.F.R. § 990.235"
title: "24"
number: "990.235"
heading: "PHAs that will experience a subsidy increase."
url: "https://uscodex.org/cfr/24/990.235"
---

# §990.235. PHAs that will experience a subsidy increase.

- (a) For PHAs that will experience a gain in their operating subsidy, as determined in [§ 990.225](/cfr/24/990.225.md), such increases will have a limit of 50 percent of the difference between the two funding levels in the first year following implementation of the formula contained in this part.
- (b) The full amount of the increase in the operating subsidy level shall be realized in the second year following implementation of the formula contained in this part.
- (c) For example, a PHA's subsidy increased from $900,000 under the formula in effect prior to implementation of the formula contained in this part to $1 million under the formula contained in this part using FY 2004 data. The difference would be calculated at $100,000 ($1 million−$900,000 = $100,000). In the first year, the subsidy increase would be limited to $50,000 (50 percent of the difference). Thus, in this example the PHA will receive the operating subsidy amount of this rule minus a transition-funding amount of $50,000 (the $100,000 difference between the two subsidy amounts minus the $50,000 transition amount).
- (d) **The schedule for a PHA whose subsidy would be increased is reflected in the table below.**

## Notes

### Amendments

[70 FR 54997, Sept. 19, 2005; 70 FR 61367, Oct. 24, 2005]

### Authority

Authority: 42 U.S.C. 1437g; 42 U.S.C. 3535(d).

### Source

Source: 70 FR 54997, Sept. 19, 2005, unless otherwise noted.

### Amendments

[70 FR 54997, Sept. 19, 2005; 70 FR 61367, Oct. 24, 2005]