24 CFR § 985.109 - Default under the Annual Contributions Contract (ACC).

---
identifier: "/us/cfr/t24/s985.109"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 985.109 - Default under the Annual Contributions Contract (ACC)."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "985.109"
section_name: "Default under the Annual Contributions Contract (ACC)."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "985"
part_name: "SECTION 8 MANAGEMENT ASSESSMENT PROGRAM (SEMAP) AND SMALL RURAL PHA ASSESSMENTS"
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. 1437a, 1437c, 1437f, 1437z-10, and 3535(d)."
regulatory_source: "63 FR 48555, Sept. 10, 1998, unless otherwise noted."
cfr_part: "985"
---


# 985.109 Default under the Annual Contributions Contract (ACC).

HUD may determine that an PHA's failure to correct identified SEMAP deficiencies or to prepare and implement a corrective action plan required by HUD constitutes a default under the ACC.