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HUD To Release Public Housing Information Collection Notices
On Wednesday, September 6, HUD will release four agency information collection request revisions relating to public housing. These include: grant drawdown payment request/LOCCS/VRS Voice Activated, public housing annual contributions contract and inventory removal application, public housing financial template, and requirements for designated housing projects. Each is a revision of a currently approved collection. Comments for … Continue reading HUD To Release Public Housing Information Collection Notices
HUD Increases HCV Administrative Fee Proration
In a letter to PHA Executive Directors on Wednesday, August 30, 2017, HUD announced that it had calculated each PHA’s Administrative Fee eligibility for the months of January to June and established an estimated proration factor. In March of 2017, the proration factor was slightly higher than 74 percent. HUD “[t]hrough the use of recaptured … Continue reading HUD Increases HCV Administrative Fee Proration
HUD Publishes HUD-VASH Registration of Interest Notice
Today HUD published a notice, PIH 2017-17 (HA), titled “Registration of Interest for HUD-VASH Vouchers.” The notice instructs PHAs that HUD seeks to award tenant-based HUD-VASH vouchers to “self-identified, interested PHAs based on local need.” All awarded vouchers may be project-based. The 2017 Appropriations Act provides $40 million of for HUD-VASH vouchers for approximately 5,500 … Continue reading HUD Publishes HUD-VASH Registration of Interest Notice
HUD Publishes FY 2018 Fair Market Rents
Today, HUD released its fiscal year (FY) 2018 Fair Market Rents (FMRs) and published notification of the release in a notice titled “Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs Fiscal Year 2018 and Adoption of Methodology Changes for Estimating Fair Market Rents.” In addition … Continue reading HUD Publishes FY 2018 Fair Market Rents
HUD, IRS Announce Disaster Assistance for Victims of Hurricane Harvey
Earlier this week, HUD announced that the Department will expedite federal disaster assistance to the State of Texas and provide support to homeowners and low-income renters that are left without a home due to Hurricane Harvey. Currently, President Trump has issued a disaster declaration for 18 counties in Texas: Aransas, Bee, Brazoria, Calhoun, Chambers, Fort … Continue reading HUD, IRS Announce Disaster Assistance for Victims of Hurricane Harvey
Interim Evaluation Illustrates Why Small Area FMRs Should be Voluntary
In mid-August, HUD published an interim evaluation which showed mixed results for the efficacy of Small Area Fair Market Rents (FMRs). Fair Market Rents are calculated by HUD on the county or metropolitan area level. HUD states that the FMR is the amount of money that would be needed to pay the gross rent (shelter … Continue reading Interim Evaluation Illustrates Why Small Area FMRs Should be Voluntary
HUD PD&R Thoughts on Implementing Small Area FMRs
HUD has published a short piece by Acting General Deputy Assistant Secretary for Policy Development and Research (PD&R) Todd Richardson in both HUD’s blog–the HUDdle–and on the HUDUser website as a piece titled “Message From PD&R Senior Leadership.” The piece notes that the decision to suspend the implementation of Small Area FMRs was a result … Continue reading HUD PD&R Thoughts on Implementing Small Area FMRs
Update: Budget and Appropriations as August Recess Ends
As September approaches, time is running out to finalize FY 2018 spending before the beginning of the new fiscal year. Congress adjourned for August recess without making final spending decisions, leaving only 12 legislative days to put in place a bill to keep the government operational beyond the end of the fiscal year on September … Continue reading Update: Budget and Appropriations as August Recess Ends
HUD Releases Notice on RAD Cap Increase and Rent Setting
Tomorrow, August 23, HUD will release a Notice in the Federal Register increasing the unit cap for the Rental Assistance Demonstration (RAD) and setting rents for units accepted under the increase. The FY 2017 enacted budget expanded the 185,000 unit cap on Public Housing conversions to 225,000 units and changed the September 30, 2018 deadline for submission … Continue reading HUD Releases Notice on RAD Cap Increase and Rent Setting
HUD Study Finds Small Area FMRs Have Mixed Results
Last week, HUD published a report titled “Small Area Fair Market Rent Demonstration Evaluation: Interim Report,” which provides preliminary findings from HUD’s Small Area Fair Market Rent (FMR) Demonstration. The Small Area FMR Demonstration is a Demonstration of seven PHAs that have implemented Small Area FMRs in a variety of housing markets to test their … Continue reading HUD Study Finds Small Area FMRs Have Mixed Results