### Question
How is the "acquisition cost" defined?


### Answer
The term **acquisition cost** is defined in *42 U.S.C. § 1437a* as follows -

> the amount prudently required to be expended by a public housing agency in acquiring property for a low-income housing project

#### Citation:
  - *42 U.S.C. § 1437a*
  - Heading: **CHAPTER 8-LOW-INCOME HOUSING > SUBCHAPTER I-GENERAL PROGRAM OF ASSISTED HOUSING**

