---
kind: "section"
citation: "24 C.F.R. § 990.260"
title: "24"
number: "990.260"
heading: "Applicability."
url: "https://uscodex.org/cfr/24/990.260"
---

# §990.260. Applicability.

- (a) PHAs that own and operate 250 or more dwelling rental units under title I of the 1937 Act, including units managed by a third-party entity (for example, a resident management corporation) but excluding [section 8](/cfr/24/8.md) units, are required to operate using an asset management model consistent with this subpart.
- (b) PHAs that own and operate fewer than 250 dwelling rental units may treat their entire portfolio as a single project. However, if a PHA selects this option, it will not receive the add-on for the asset management fee described in [§ 990.190(f)](/cfr/24/990.190.md?p=f).

## Notes

### Authority

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

### Source

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