HCV Optimization Notice Published

On October 16, HUD published a notice titled “Guidance for Running an Optimized Housing Choice Voucher Program” (PIH 2020-29). The notice warns of increasing reserves nationally and notes that an optimized Housing Choice Voucher (HCV) program maximizes the number of families served, while minimizing rent burden. The notice discusses several program tools such as the Two-Year Forecasting Tool, the Payment Standard Tool, the HCV Analysis Tool and PIC Drill-Down, and the HCV Guidebook. The notice also discusses the voucher program planning timeline and best practices to increase success rates.

The full notice can be found here.