Additional Time Available to PHAs Beyond December 21, 2011 But Voucher Funding Analysis and Planning Ahead Are Still Important
Additional Time Available to PHAs Beyond December 21, 2011 But Voucher Funding Analysis and Planning Ahead Are Still Very Important
Although HUD’s letter (December 16, 2011) set a deadline of December 21, 2011 for PHAs to frontload additional Housing Assistance Payment (HAP) disbursements, senior HUD officials have assured NAHRO that any requests received from PHAs will be reviewed and acted upon, regardless of when they are received. HUD’s December 21, 2011 deadline was set to enable the Department’s staff to handle frontload HAP requests from PHAs as early as possible during the holiday period. HUD officials stated that there will be HUD staff available to respond to any PHA's HAP frontload requests each business day. Nevertheless, in conveying this information to us, HUD cautioned PHAs not to delay their requests for any additional HAP funds needed for January 2012 HAP payments any longer than is absolutely necessary, as it takes three business nights after HUD approves a disbursement for it to arrive at a PHA's bank.
HUD’s December 16, 2011 letter indicated that PHAs may request frontloading of their HAP for January through March 2012. This was done to enable a PHA with known HAP needs for the three months to submit a single frontload request to HUD for additional HAP disbursement out of their pending FY 2012 annual HAP budget authority. That stated, PHAs are not required to do so. Instead, PHAs may appropriately review their HAP needs monthly and submit a frontload HAP request in advance of each month and with enough advance time for HUD to process agencies' requests, rather than submitting a frontload HAP request to HUD for all three months (January – March 2012) at one time. In conclusion, PHAs should submit their frontload HAP requests to HUD, in time for the needed HAP funds to reach their banks when needed, as indicated above.
HUD’s webcast regarding cash management described in PIH 2011-67 from December 15, 2011 is available at: http://portal.hud.gov/hudportal/HUD?src=/press/multimedia/videos. HUD’s Q&A document regarding cash management, which was sent to PHAs on December 12, 2011, is available at: http://www.nahro.org/sites/default/files/searchable/CashManagementHCVPBROADCASTQAs-12-12-2011.docx.