24 CFR § 990.310 - Purpose—General policy on financial management, monitoring and reporting.

---
identifier: "/us/cfr/t24/s990.310"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 990.310 - Purpose—General policy on financial management, monitoring and reporting."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "990.310"
section_name: "Purpose—General policy on financial management, monitoring and reporting."
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: "2026-04-05"
last_updated: "2026-04-05"
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"
---


# 990.310 Purpose—General policy on financial management, monitoring and reporting.

All PHA financial management systems, reporting, and monitoring of program performance and financial reporting shall be in compliance with the requirements of 2 CFR part 200. Certain HUD requirements provide exceptions for additional specialized procedures that are determined by HUD to be necessary for the proper management of the program in accordance with the requirements of the 1937 Act and the ACC between each PHA and HUD.

[70 FR 54997, Sept. 19, 2005, as amended at 80 FR 75943, Dec. 7, 2015]