Attention NAHRO members! NAHRO, along with others, will testify tomorrow before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity. The hearing will focus on a recently released discussion draft of the ‘‘Section 8 Savings Act of 2011,” which makes reforms to the Housing Choice Voucher Program.
The Joint Center for Housing Studies recently released The State of the Nation’s Housing 2011, the Center’s annual report describing the challenges facing the housing industry, with a particular emphasis on affordable housing. With the tightening of rental markets, a record high 19 million American households are paying more than half of their income for housing, causing affordable housing residents to feel the squeeze.
The January 31 edition of the NAHRO Monitor is now available online. Highlights include the latest information on proposed spending cuts for FY 2011 and beyond, and coverage of NAHRO's response to the Rental Housing Revitalization Act of 2010.
Summary: The purpose of HUD’s notice is to provide guidance to PHAs when determining the rent to owner for an HCV tenancy when the participant family chooses to lease a unit under the HCV program in any of the following types of federally subsidized projects:
Full Title: PIH Notice 2010-50: Effective Use of the Enterprise Income Verification (EIV) System's Deceased Tenants Report.to Reduce Subsidy Payment & Administrative Errors
Publication Date: December 30, 2010
Covered Programs: This Notice applies to the following HUD-PIH rental assistance programs: Public Housing, Section 8 Moderate Rehabilitation, Project-Based Voucher, Project-Based Certificate; and Housing Choice Voucher programs.