accordance with the terms of the PAC.
Tenant rent equals total tenant payment less utility allowance, if any.
Total tenant payment means the monthly amount defined in, and determined in accordance with part 5, subpart F of this title.
Utility allowance is defined in part 5, subpart F of this title and is determined or approved by HUD.
Utility reimbursement is defined in part 5, subpart F of this title.
Vacancy payment means the project assistance payment made to the Borrower by HUD for a vacant assisted unit (or residential space in a group home) if certain conditions are fulfilled, as provided in the PAC. The amount of the vacancy payment varies with the length of the vacancy period and is less after the first 60 days of any vacancy.
[61 FR 11956, Mar. 22, 1996, as amended at 88 FR 9669, Feb. 14, 2023; 88 FR 75233, Nov. 2, 2023]