24 CFR §943.142
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)A PHA may create and operate a wholly owned or controlled subsidiary or other affiliate; may enter into joint ventures, partnerships, or other business arrangements with individuals, organizations, entities, or governmental units. A subsidiary or affiliate may be a nonprofit corporation. A subsidiary or affiliate may be an organization controlled by the same persons who serve on the governing board of the PHA or who are employees of the PHA.
- (b)The purpose of any of these operating organizations would be to administer programs of the PHA.