Glossary of HUD Terms

P

PARTNERSHIP FOR ADVANCING TECHNOLOGY IN HOUSING (PATH): HUD’s Partnership for Advancing Technology in Housing is dedicated to accelerating the development and use of technologies that radically improve the quality, durability, energy efficiency, environmental performance, and affordability of America's housing. PATH is a voluntary partnership between leaders of the homebuilding, product manufacturing, insurance, and financial industries, and representatives of federal agencies concerned with housing. Working together, PATH partners improve new and existing homes and strengthen the technology infrastructure of the United States. PD&R coordinates all PATH activities.

PATH: See PARTNERSHIP FOR ADVANCING TECHNOLOGY IN HOUSING.

PD&R: See OFFICE OF POLICY DEVELOPMENT AND RESEARCH.

PERCENTILE RENT ESTIMATES (50th): Calculated for all FMR areas. These are not fair market rents. Under certain conditions, as set forth in the Interim Rule (Federal Register Vol. 65, No. 191, Monday October 2, 2000, pages 58870—58875), these 50th percentile rents can be used to set success rate payment standards.

PMSA: See PRIMARY METROPOLITAN STATISTICAL AREA.

PRIMARY METROPOLITAN STATISTICAL AREA (PMSA): An area that qualifies as a metropolitan statistical area has a census population of 1 million or more; two or more PMSAs may be designated within it if they meet published official standards and local opinion favors the designation.

PUBLIC HOUSING AGENCY (PHA): Any state, county, municipality, or other governmental entity or public body, or agency or instrumentality of these entities that is authorized to engage or assist in the development or operation of low-income housing under the U.S. Housing Act of 1937.

OMB: See OFFICE OF MANAGEMENT AND BUDGET.

OUP: See OFFICE OF UNIVERSITY PARTNERSHIPS.

OWNER: Any private person or entity, including a cooperative, an agency of the federal government, or a public housing agency, having the legal right to lease or sublease dwelling units.

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