Last week the Department of Housing and Urban Development (HUD) announced that it has approved the latest disaster recovery action plans for Florida and the U.S. Virgin Islands. Both plans include tight fiscal controls.
Today in the Federal Register, HUD published a notice waiving timing requirements for disaster recovery action plans and action plan amendments. The waivers for grants under the Community Development Block Grant–Disaster Recovery (CDBG–DR) program are necessary due to the government shutdown “and the resultant inability to satisfactorily complete the review and approval process consistent with (HUD’s) customary timeline.”
On Friday in the Federal Register, HUD published an operations notice for the expansion of the Moving to Work (MTW) program. The 2016 MTW Expansion Statute allows HUD to increase the size of the program from 39 agencies to 139 agencies over a seven-year period. MTW agencies are given flexibility to develop alternative housing program policies aimed at reducing program costs, increasing self-sufficiency of assisted families, and increasing housing choice.
I’m confused about all of the flat rent changes over the past few years. Fair market rents for 2019 were just posted and I’m not sure what I’m supposed to do with them. Help, please!