24 CFR § 990.270 - Asset management.
---
identifier: "/us/cfr/t24/s990.270"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 990.270 - Asset management."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "990.270"
section_name: "Asset management."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
part_number: "990"
part_name: "THE PUBLIC HOUSING OPERATING FUND PROGRAM"
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. 1437g; 42 U.S.C. 3535(d)."
regulatory_source: "70 FR 54997, Sept. 19, 2005, unless otherwise noted."
cfr_part: "990"
---
# 990.270 Asset management.
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.