1st Round of CARES Act Admin. Fees Released
Earlier today, HUD released a press release announcing the first round of administrative fee funding for the Housing Choice Voucher (HCV) program from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The new funding will impact all PHAs, including Moving to Work (MTW) agencies. The funding covers two months worth of administrative fees and may be used for traditional purposes as well as for new costs related to protecting assisted families and employees impacted by the COVID-19 event.
Assistant Secretary Kurtz stated that “HUD is committed to assisting PHAs during this time so that assisted families can stay safe and healthy . . . [p]roviding these additional funds to PHAs will give them more tools to address local needs and respond to the Coronavirus pandemic as effectively as possible.”
Eligible uses of the administrative fees may be found in PIH 2020-08 here (NAHRO summary here).
HUD’s press release on the CARES Act administrative fee funding may be found here.
Allocations of the funding may be found here.