A. Provide modernization assistance to Public Housing Agencies (PHAs), herein referred to as HA's, that own or operate a total of 250 or more units of public housing on a reliable and more predictable basis, to enable them to improve the physical condition and to upgrade the management and operations of existing public housing developments to assure their continued availability for low-income families;

B. Provide considerable discretion to HA's to decide the specific improvements, the manner of their execution, and the timing of the expenditure of funds; and

C. Provide increased opportunities and incentives for more efficient management of public housing development.

 

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