Code of Federal Regulations · Section
§ 1000.320 — How Is Formula Current Assisted Stock Adjusted For Local Area Costs?
24 C.F.R. § 1000.320
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There are two adjustment factors that are used to adjust the allocation of funds for the Current Assisted Stock portion of the formula. They are:
(a) Operating Subsidy as adjusted by the greater of the AEL factor or FMR factor (AELFMR); and
(b) Modernization as adjusted by TDC.
Authorizing Statute
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Administrative provisions42 U.S.C. § 3535
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Congressional findings25 U.S.C. § 4101