§ 990.270. Asset management.
73 words·~1 min read·
/us/cfr/t24/s§ 990.270·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
As owners, PHAs have asset management responsibilities that are above and beyond property management activities. These responsibilities include decision-making on topics such as long-term capital planning and allocation, the setting of ceiling or flat rents, review of financial information and physical stock, property management performance, long-term viability of properties, property repositioning and replacement strategies, risk management responsibilities pertaining to regulatory compliance, and those decisions otherwise consistent with the PHA's ACC responsibilities, as appropriate.