HUD Updates HCV Forecasting Tool

According to a HUD official, HUD has updated the Housing Choice Voucher (HCV) Program forecasting tool. The updated tool now includes updated information, including a higher inflation renewal factor; a default forecasting HAP proration of 94% for year 2–i.e., 2017–but the proration can be changed depending on scenarios that the user would like to test; and the ability to forecast up until a fourth year. To access the tool, the user needs to log in through WASS.

Additional information about accessing the tool can be found here.