News

No Changes to Cap Fund ACC Amendment

HUD has sent letters to PHAs announcing their 2020 Capital Fund Grant awards. In order to receive their grant awards, PHAs are required to  submit an ACC Amendment to HUD. Accepting this amendment does not make any changes to a PHA’s existing ACC. The 2020 ACC Amendment for the Capital Fund Grant awards does not incorporate any changes and is the same version of the amendment PHAs signed in 2017.

In a key victory that NAHRO fought more than a year to achieve, the FY 2020 Appropriations Act included an industry-drafted legislative pause to HUD’s attempt to change the ACC contract. The Act prohibited HUD from requiring or enforcing any changes to the terms and conditions of the ACC as a requisite for PHAs to receive funding unless the changes are mutually agreed upon by HUD and the PHA.

 

Don't miss out!
Keep Up with the Latest from NAHRO!

 To subscribe to NAHRO's members-only Direct News and other NAHRO emails (both members-only and general), please log in/create an account and update your communications preferences.

To be notified every time we post a new article on the NAHRO website, please use the Get Updates button below. Please note that non-members will not be able to view member-only content.

 

To unsubscribe, please follow the directions in the news emails you receive from us.

Invalid email address