24 CFR § 902.30 - Financial condition assessment.

---
identifier: "/us/cfr/t24/s902.30"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 902.30 - Financial condition assessment."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "902.30"
section_name: "Financial condition assessment."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "902"
part_name: "PUBLIC HOUSING ASSESSMENT SYSTEM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 1437d(j), 42 U.S.C. 3535(d), 1437z-10."
regulatory_source: "76 FR 10149, Feb. 23, 2011, unless otherwise noted."
cfr_part: "902"
---


# 902.30 Financial condition assessment.

(a) *Objective.* The objective of the financial condition indicator is to measure the financial condition of each public housing project within a PHA's public housing portfolio for the purpose of evaluating whether there are sufficient financial resources to support the provision of housing that is DSS/GR. Individual project scores for financial condition, as well as overall financial condition scores, will be issued.

(b) *Financial reporting standards.* A PHA's financial condition will be assessed under this indicator by measuring the combined performance of all public housing projects in each of the subindicators listed in § 902.35, on the basis of the annual financial report provided in accordance with § 902.33.

(c) *Exclusions.* Mixed-finance projects are excluded from the financial condition indicator.