1406 A Maximum of 20% may be budgeted and expended for Operations (BLI 1406). This applies to large PHAs (250 units or more).
{"Image DocumentName": "1406A Maximum of 20% may be budgeted and expended for Operations (BLI 1406). This applies to large PHAs (250 units or more).", "Image ImageDescription": "Small PHAs , PHAs with less than 250 dwelling units, that are not designated as a troubled PHA pursuant to section 6(j)(2) of the Act, and that in the determination of the Secretary is operating and maintaining its public housing in safe, clean and healthy condition, may transfer 100% of its funds to operations. BLI 1406 funds, once withdrawn, immediately follow the operating fund rule - (24 CFR 990). Note: Funds budgeted under the BLI 1406 are considered obligated and expended when the PHA draws down the funds.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}