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Cares Act Funding for Public Housing, Capital Funds and HCV Programs

Posted by NMA on May 8, 2020 10:45:00 AM

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Listen to NMA’s Financial Services Division Webinar
hosted by Michael Petro

HUD PIH Notice 2020-08 CARES Act
HCV Program Administrative
Fees, issued on April 28, 2020

The Learning Objectives of this session will be:

  • Understand HUD PIH Notice 2020-08 and the programs to which it applies
  • Identify HUD’s funding methodology
  • Determine eligible expenses for CARES Act funding
  • Determine ineligible expenses for CARES Act funding
  • Identify other sources of funds available to your PHA to offset coronavirus related expenses
  • Understand CARES Act funding reporting requirements for your PHA

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Topics: PIH notices, Industry News, Housing Choice Voucher

GoSection8 2020 National Survey

Posted by NMA on May 6, 2020 4:44:35 PM

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Topics: Industry News, Housing Choice Voucher

PIH Issues Issues Guidance on Supplemental Operating Fund Appropriations

Posted by NMA on May 1, 2020 8:00:00 AM

This morning HUD’s Office of Public and Indian Housing (PIH) issued Notice PIH 2020-07 to provide guidance on the allocation and eligible uses of the supplemental Operating Fund appropriations provided through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, as well as the additional flexibilities to use previously appropriated funds provided through the act. As you know, the CARES Act provided an additional $685 million for the Public Housing Operating Fund to enable PHAs to prevent, prepare for, and respond to COVID-19. Highlights of today’s notice include the following:

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Topics: PIH notices, Industry News, HUD terms

PIH Issues Notice on CARES Act Admin Fee Funding Provisions

Posted by NMA on Apr 30, 2020 1:30:00 PM

On April 28, 2020, HUD’s Office of Public and Indian Housing (PIH) issued Notice PIH 2020-08 to implement funding provisions for the Housing Choice Voucher (HCV) and Mainstream programs provided through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. As you know, the CARES Act provided $1.25 billion in supplemental HCV program appropriations to enable PHAs to prevent, prepare for, and respond to COVID-19. Yesterday’s notice covers the administrative fee portion of those appropriations totaling $850 million. Below are some highlights:

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Topics: Industry News, Housing Choice Voucher

Common Tax Credit Compliance Questions and Answers Webinar

Posted by NMA on Apr 27, 2020 7:45:00 AM

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NMA's trainer and consultant, Heather Wiedenfeld is teaming up with HAI Group to bring you our Common Tax Credit Compliance Questions and Answers Webinar to help you prepare for taking NMA’s online
Fundamentals of Low-Income Housing Tax Credit (LIHTC) Management course, offered by our our partners’ online training division.

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Topics: LIHTC, Company News

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