Consortia, joint ventures, affiliates, and subsidiaries of public housing agencies
Consortia
In general
Effect
With respect to any consortium described in paragraph (1)—
any assistance made available under this subchapter to each of the public housing agencies participating in the consortium shall be paid to the consortium; and
all planning and reporting requirements imposed upon each public housing agency participating in the consortium with respect to the programs operated by the consortium shall be consolidated.
Restrictions
Agreement
Minimum requirements
Joint ventures
In general
Notwithstanding any other provision of law, a public housing agency, in accordance with the public housing agency plan, may—
form and operate wholly owned or controlled subsidiaries (which may be nonprofit corporations) and other affiliates, any of which may be directed, managed, or controlled by the same persons who constitute the board of directors or similar governing body of the public housing agency, or who serve as employees or staff of the public housing agency; or
enter into joint ventures, partnerships, or other business arrangements with, or contract with, any person, organization, entity, or governmental unit—
with respect to the administration of the programs of the public housing agency, including any program that is subject to this subchapter; or
for the purpose of providing or arranging for the provision of supportive or social services.
Use and treatment of income
Any income generated under paragraph (1)—
shall be used for low-income housing or to benefit the residents assisted by the public housing agency; and
shall not result in any decrease in any amount provided to the public housing agency under this subchapter, except as otherwise provided under the formulas established under section 1437g(d)(2) and 1437g(e)(2) of this title.
Audits
Source
(Sept. 1, 1937, ch. 896, title I, § 13, as added Pub. L. 96–153, title II, § 209,Notes
Prior Provisions
Amendments
Effective Date of 1998 Amendment
Reporting by Agencies Operating in Consortia
Energy Efficient Public Housing Demonstration
Establishment.—
The Secretary of Housing and Urban Development shall establish a demonstration program through the assistance of an appropriate technology transfer organization that specializes in producing detailed energy-efficient designs and in conducting local and statewide, public participation tests for energy efficient, needs-oriented housing. The appropriate technology organization shall carry out the demonstration working through and with public housing agencies to build and test a variety of energy-efficient housing designs in 100 separate housing units in 4 different States that meet local lower income housing needs (including single parent, disabled, and elderly concerns) through a composite ranging from single to 12-plex units in the cluster approach on vacant lots and open areas.
Report.—
As soon as practicable following
Funding.—
Of the budget authority authorized to be provided for the development of public housing, there is authorized to be appropriated to carry out this section $4,700,000 for fiscal year 1988.”