HUD Meeting on Operating Reserves

NAHRO staff, along with our industry partners, met yesterday with PIH Assistant Secretary Sandra Henriquez and nearly every member of PIH's senior leadership team to discuss issues related to the Department's proposal to imposed a $1 billion offset against public housing operating reserves for 2012.  The bulk of the meeting was spent discussing the Assistant Secretary's assertion, communicated through a February 22 letter to all PHA executive directors, that "Operating Reserve balances may only be used for Operating Fund

Notice of Submission of Proposed Information Collection to OMB; Section 3 Program Implementation and Coordination Grant

Summary:  This information is required by the grant application to assist the Department in selecting the Department in selecting the highest ranked applicants to receive funds under the Section 3 Program Implementation and Coordination NOFA. The information collected from quarterly and final progress reports will enable the Department to evaluate the performance of agencies that receive funding and determine the effectiveness of the funding for increasing the capacity of
recipient agencies to comply with the regulatory requirements of Section 3.

Notice of Availability: Notice of Funding Availability for HUD’s FY 2010 Section 202 Supportive Housing for the Elderly Program

Summary:  HUD announces the availability on its Web site of the applicant information, submission deadlines, funding criteria, and other requirements for HUD’s FY2010 Section 202 NOFA. Approximately $371 million in capital advance funds, plus associated project rental assistance contract (PRAC) funds is made available through this NOFA, by the Consolidated Appropriations Act, 2010 (Pub. L. 111–117, approved December 16, 2009).

Privacy Act of 1974; Notice of a Computer Matching Program Between HUD and the United States Department of Veterans Affairs (VA)

Summary: In accordance with the Privacy Act of 1974 (5 U.S.C. 552a), as amended by the Computer Matching and Privacy Protection Act of 1988 (Pub. L.

Request for Comments on Trend Factor Methodology Used in the Calculation of Fair Market Rents

Publication Date:  March 8, 2011

Summary:  HUD's notice requests public comment regarding the manner in which HUD calculates the trend factor used in the Fair Market Rent (FMR) estimates to meet the statutory requirement that FMRs be ‘‘trended so the rentals will be current for the year to which they apply’’. HUD provides several proposed alternatives to the current trend factor and requests comments on these alternatives as well as suggestions of other ideas.

Comment Due Date: April 8, 2011

Upcoming CPD Web Seminars

Passing along information regarding a few upcoming CPD web seminars aimed at CDBG grantees:

Reducing Regulatory Burden; Retrospective Review Under E.O. 13563

Publication Date: March 2, 2011

Small PHAs: Capital Improvements Using Operating Subsidy

Note: See update at the bottom of this post.

Consider this a quick follow-up to last Thursday's Direct News item summarizing the administration's proposal to offset PHAs' operating reserves for 2012. 

The Administration's Operating Reserves Offset Proposal

NAHRO's comprehensive rundown of the administration's proposal to impose a $1 billion offset against PHAs' operating reserves for 2012 is now available online.  A few highlights, including our request for assistance: 

PIH Notice 2011-14: Guidelines for Undertaking Financing Unsecured by Public Housing Assets

Publication Date:  February 24, 2011