How is Formula Current Assisted Stock adjusted for local area costs?
24 C.F.R. § 1000.320
in effectEffective: 2024-07-01There are two adjustment factors that are used to adjust the allocation of funds for the Current Assisted Stock portion of the formula. They are:
(a) Operating Subsidy as adjusted by the greater of the AEL factor or FMR factor (AELFMR); and
(b) Modernization as adjusted by TDC.
Source: eCFRURL: https://www.ecfr.gov/api/versioner/v1/full/2024-07-01/title-24.xmlFetched: 7/26/2026