§ 887.101 Purpose, scope, and applicability
§ 887.103 Definitions
§ 887.105 Basic requirements of FSS programs
§ 887.107 Cooperative Agreements
§ 887.109 Housing assistance and total tenant payments and increases in family income
§ 887.111 FSS award funds formula
§ 887.113 FSS funds

Terms Used In 24 CFR Part 887 - Section 8 Housing Assistance Payments Programs--Family Self-Sufficiency Program

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Personal property: All property that is not real property.
  • Statute: A law passed by a legislature.