HUD Sends Email Clarifying Admin. Fee Rates and Portability
Earlier today, HUD’s Financial Management Division sent an email responding to questions received from PHAs regarding HUD’s calendar year (CY) 2019 administrative fee rates. The email notes that the CY 2019 administrative fee rates are effective retroactively to January 1st, 2019. The Department will also publish two additional documents:
- A document describing how the 2019 rates were calculated; and
- A document to serve as guidance on portability billing, which will include an estimated administrative fee proration that will be recommended for portability.
Until those documents are published, HUD recommends that program administrators use 80% as the estimated administrative fee proration and that they continue to consider using the CY 2018 Portability Administrative Fee Rate Description.
These documents can be found at HUD’s Office of Housing Choice Vouchers, which can be accessed here.