Blogs

Additional Time Available to PHAs Beyond December 21, 2011 But Voucher Funding Analysis and Planning Ahead Are Still Very Important

Summary:  HUD's Notice (PIH Notice 2011-67) announces the implementation of new cash management requirements and procedures for the disbursement by HUD of Housing Assistance Payments (HAP) funds provided to public housing agencies (PHA) under the Housing Choice Voucher (HCV) program.

Date of Publication:  December 9, 2011

View the notice here.

Summary:  HUD's Notice (PIH Notice 2011-66) provides Public Housing Agencies (PHAs) with updated information on the most current extension of the DHAP- Ike program. Modifications have been made which will change the PHAs’ administration of the program. The information provided in this notice will supersede the guidance provided in the following notices: PIH 2008-38, PIH 2008-45, PIH 2010-22, and PIH 2011-35.

Summary:  HUD’s notice (PDR-2012-02) transmits revisions in the income limits used to define the terms "very low-income" and "low-income" in accordance with Section 3(b)(2) of the United States Housing Act of 1937, as amended. These income limits are listed by dollar amount and family size.

Summary:  The purpose of HUD's notice is to extend Notice PIH 2010-25 (with a significant revision to section 4.A. and minor changes to section 4.B.) which established timeframes for timely reporting of the Family Report (form HUD-50058) into the Public and Indian Housing Information Center (PIC), explained PIC modifications and clarified Family Self-Sufficiency (FSS) reporting requirements. Section 4.A.

On November 14, House and Senate appropriators reached agreement on a “minibus” appropriations measure (H.R. 2112) that includes FY 2012 funding for HUD programs. The conference report addresses the Public Housing Operating Fund, Public Housing Capital Fund, HOPE VI, Section 8 tenant-based and project-based programs, as well as HUD’s community development and affordable housing programs.

Summary:  HUD published “Difficult Development Areas'' (DDAs) for purposes of the Low-Income Housing Tax Credit (LIHTC) under  Section 42 of the Internal Revenue Code of 1986 (IRC) (26 U.S.C. 42).  HUD makes new DDA designations annually. The designations of ``Qualified Census Tracts'' (QCTs) published October 6, 2009, remain in effect.

Summary:  HUD’s notice requires public housing agencies (PHAs), their affiliates, instrumentalities, contract management and owner entities receiving HUD funding to obtain Dun and Bradstreet Numbering System (DUNS) numbers and to register in the Central Contractor Registration (CCR).

HUD has responded to another Washington Post article criticizing the HOME Investment Partnership program. Click here to read HUD’s response.

In related news, HUD Secretary Shaun Donovan recently announced new proposed regulations intended to strengthen oversight in the HOME program.

Summary:  On October 27, 2011 HUD issued a Notice (PIH Notice 2011-58) to extend PIH Notice 2010-7 with several changes.  HUD’s notice provides specific guidance to Public Housing Agencies (PHAs) on the use of the Administrative Fee Reserves and reiterates guidance on PHA cash management and approved investment instruments. HUD’s notice also provides guidance on the reporting of Administrative Fee Reserves and use when faced with insufficient funding.