24 CFR § 943.144
What financial impact do operations of a subsidiary, affiliate, or joint venture have on a PHA?
February 22, 2021
Income generated by subsidiaries, affiliates, or joint ventures formed under the authority of this subpart is to be used for low-income housing or to benefit the residents assisted by the PHA. This income will not cause a decrease in funding provided under the public housing program, except as otherwise provided under the Operating Fund and Capital Fund formulas.