CFR > Title 24 - Housing and Urban Development > CHAPTER IX—OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT > PART 943—PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES > SUBPART C—Subsidiaries, Affiliates, Joint Ventures in Public Housing (§943.140 to §943.151) > 943.142—In what types of operating organizations may a PHA participate?

943.142—In what types of operating organizations may a PHA participate?

(a) A PHA may create and operate a wholly owned or controlled subsidiary or other affiliate; may enter into joint ventures, partnerships, or other business arrangements with individuals, organizations, entities, or governmental units. A subsidiary or affiliate may be a nonprofit corporation. A subsidiary or affiliate may be an organization controlled by the same persons who serve on the governing board of the PHA or who are employees of the PHA.
(b) The purpose of any of these operating organizations would be to administer programs of the PHA.