{"id":44913,"date":"2024-11-15T15:45:05","date_gmt":"2024-11-15T20:45:05","guid":{"rendered":"https:\/\/www.nahro.org\/?post_type=news&#038;p=44913"},"modified":"2024-11-15T15:46:29","modified_gmt":"2024-11-15T20:46:29","slug":"hud-sets-vms-data-entry-timelines-for-hcv-phas","status":"publish","type":"news","link":"https:\/\/www.nahro.org\/news\/hud-sets-vms-data-entry-timelines-for-hcv-phas\/","title":{"rendered":"HUD Sets VMS Data Entry Timelines for HCV PHAs"},"content":{"rendered":"\n<p>By: Tushar Gurjal, Senior Policy Manager<\/p>\n\n\n\n<p>In mid-November, HUD sent a letter to PHA Executive Directors informing them of dates by which data entry into the voucher management system (VMS) must be completed. Having accurate and timely information in VMS allows for the Housing Assistance Payment (HAP) and administrative fee reconciliation process to take place ensuring that PHAs receive the correct amount of funding to run their voucher programs.<\/p>\n\n\n\n<p>Housing agencies should begin reviewing the accuracy of their calendar year (CY) 2023 and CY 2024 VMS data. The important deadlines are the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Deadline to enter December 2024 VMS costs and leasing data and prior month adjustments for CY 2024 \u2013 <strong>January 22, 2025<\/strong>; and<\/li>\n\n\n\n<li>Deadline to enter CY 2023 prior-month corrections in VMS \u2013 <strong>December 23, 2024<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>The Department strongly encourages PHAs to enter this data and review it for corrections well before the deadlines mentioned above.<\/p>\n\n\n\n<p>The full letter to PHAs on VMS data entry timelines can be found <a href=\"https:\/\/www.nahro.org\/wp-content\/uploads\/2024\/11\/Nov-2024-VMS-Validation-Change.pdf\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Tushar Gurjal, Senior Policy Manager In mid-November, HUD sent a letter to PHA Executive Directors informing them of dates by which data entry into the voucher management system (VMS) [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","categories":[24,651,51,649,650,81],"tags":[],"news_type":[646,124],"class_list":["post-44913","news","type-news","status-publish","hentry","category-affordable-housing","category-federal-funding","category-hud","category-policy","category-section-8","category-section-8-housing-choice-vouchers","news_type-blog-news","news_type-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - 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