PIH 2011-55: Public Housing Operating Subsidy Calculations for Calendar Year 2012
Summary: This notice provides public housing agencies (PHAs) with instructions for operating subsidy calculation submissions in Calendar Year (CY) 2012 as funded from Federal Fiscal Year (FFY) 2012 appropriations. It also informs PHAs that in an effort to reduce their reporting burdens HUD will use information in its systems of record to determine operating subsidy eligibility. HUD is committed to providing eligibility information to PHAs prior to the start of CY2012.
This notice also addresses the allocation adjustment to operating subsidy proposed in the President’s FFY 2012 budget, the methodology for the adjustment, the allowable requests for exclusion from the reserve calculation, and the submission and processing of allowable reserve exclusion requests. Although this adjustment has not yet been enacted by Congress, HUD is providing PHAs with this information and the procedures for implementation so that PHAs are able to plan accordingly. As explained further in this Notice, any allocation adjustment to the operating subsidy is subject to the language in the FFY 2012 Appropriations Act.
Issued: September 26, 2011
View the notice here.