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

Interim Rule: Public Housing Evaluation and Oversight- PHAS and Determining and Remedying Substantial Default

Publication Date: February 23, 2011

PIH Notice 2011-13: Implementation of the Public Housing Assessment System (PHAS) Interim Rule

Publication Date:  February 22, 2011

Cross References:  24 CFR Parts 901, 902, and 907

NAHRO's FY 2012 Funding Recommendations

NAHRO's FY 2012 funding recommendations are now online at at www.nahro.org/NAHROFY2012.  You may also directly access the PDF version of the chart by clicking here

NAHRO members are encouraged to review our Direct News item explaining each recommendation in detail.