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AudioShort Tapes and Materials

Adapting to the New Section 8 Renewal Formula:
Reaching Full Voucher Lease-Up
Learn how to maximize your agency's voucher lease-up rate under HUD's new renewal funding system. Panelists will help you understand PIH Notice 2003-23, implementing the FY 2003 renewal funding formula. Learn how HUD's Financial Management Center (FMC) evaluates the data LHAs provide them with each quarter in order to help you anticipate your agency's annual budget authority. Find out the best way to manage your agency's budget authority while you engage in "managed" over-leasing on a temporarily monthly basis in order to achieve maximum leasing (not to exceed the total authorized unit months per LHA fiscal year). Panelists will walk through the administrative processes and documentation needed to draw on the first and second halves of your agency's one-month project reserve as well as HUD's central reserve. Drawing on each program reserve will help your agency fund increased per unit costs or support additional units under lease (if applicable) up to your total authorized unit months.

Moderator:
Steve Renahan
Section 8 Director
Housing Authority of the City of Los Angeles
Los Angeles, CA

Panelists:
Kevin Jones
Director, Financial Management Center - Section 8
U.S. Department of Housing and Urban Development
Washington, DC

Deborah Hernandez
Associate Deputy Assistant Secretary for Housing
Voucher Programs
U.S. Department of Housing and Urban Development
Washington, DC

Ophelia Basgal
Executive Director
Housing Authority of the County of Alameda
Hayward, CA

 

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