Update From Washington

On October 4, HUD released its estimated impacts of the proposed Operating Fund offset for PHAs. The latest information can be found on the Allocation Adjustment Website where House and Senate offset estimates can be found. In addition, HUD posted the PEL data and Formula Income methodology.

HUD posted its final FY 2012 Fair Market Rents for all areas that reflect the estimated 40th and 50th percentile rent levels. The new values took effect on October 1 and will continue until April 1, 2012. NAHRO submitted comments and recommendations regarding FY 2012 FMRs earlier last month. 

Attention NAHRO members! Voting for the 2011 NAHRO Election closes on Monday, October 17. For more information on candidates and voting procedures, go to NAHRO Election Central