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2018 Guidance for HCV Shortfall Funding

Posted by Annie Stevenson on Apr 2, 2018 11:04:24 AM

HCV shortfall fundingHUD’s Office of Public and Indian Housing (PIH) has issued Notice PIH 2018-05 to provide guidance on funding for the housing choice voucher (HCV) program for calendar year 2018. The notice discusses eligibility for potential shortfall funding as well as calculation of administrative fees.

Since the notice was prepared prior to the March 23 approval of a 2018 omnibus spending package, it states that HUD is currently operating under a continuing resolution (CR) which provides voucher funding at 2017 levels:
Based on possible funding scenarios if a full-year CR is enacted, or if an appropriations act is enacted at either the House or Senate proposed levels, a deeper HAP proration than previously experienced may occur.

Below are a few highlights from the 5-page notice:

  • PHAs identified by the shortfall prevention team as having a potential shortfall must cease issuing vouchers to applicants and rescind vouchers issued to applicants who have not yet leased a dwelling unit. Affected agencies must also stop absorbing portable vouchers and must not issue tenant-based vouchers to families who wish to move out of project-based voucher (PBV) units.
  • At the time of the notice’s issuance, there was no full-year CR or full-year appropriation in place for HUD to provide shortfall funding to any agency. If shortfall funding is made available, a PHA’s eligibility for such funding will be contingent on the PHA having taken the actions described above.
  • PIH intends to make available up to $10 million in administrative fee funding, subject to availability under appropriations, for homeownership fees, special fees for multifamily housing conversion actions, audit costs for HCV voluntary transfers, and special fees for receiving PHAs where portability vouchers are a significant portion of vouchers under lease.
  • Applications for blended rate fees (by PHAs serving multiple administrative fee areas) must be submitted by Monday, April 16, 2018. Requests for higher administrative fee rates for PHAs serving large geographical areas are due by May 22, 2018.

Requests for blended rate fees and higher administrative fees may be submitted via email or regular mail, but PHAs may not submit requests using both methods.

To receive updates and analysis on the latest PIH news, subscribe to NMA’s PIH Alert and receive a daily email with breaking news and other important information for PHAs and housing professionals.

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Topics: appropriations, PBV, PIH Alert, portability, Industry News, shortfall funding, administrative fees

House and Senate Pass Omnibus Appropriations Bill for 2018

Posted by NMA on Mar 26, 2018 9:49:37 AM

govt-congress.jpgLate Thursday the Senate approved a 2018 omnibus spending package for HUD and other federal agencies. The 2,232-page bill had been approved earlier on Thursday by the House of Representatives. President Trump signed the bill Friday, averting a government shutdown.

The bill provides a significant increase in funding for HUD programs. With a 10% one-year increase, many programs would be funded at levels significantly above what was proposed in either the House or Senate draft bills. The National Low-Income Housing Coalition (NLIHC) has posted an article detailing provisions of the bill and an updated chart comparing fiscal year (FY) 2017 funding levels to proposed and final levels for FY 2018.

The Center on Budget and Policy Priorities (CBPP) announced Friday that it has scheduled a free webinar titled “The Final 2018 HUD Budget and Its Implications.” The presentation is scheduled for Wednesday, April 4 between 2:00 p.m. and 3:00 p.m. Eastern time (11:00 a.m. until 12:00 noon Pacific). Click here to register.

Topics: PIH Alert, Program News and Notices, Industry News

Register now for the 2018 MTW conference

Posted by NMA on Mar 23, 2018 8:56:04 AM

Registration for the annual Moving to Work (MTW) national conference in Washington, DC, is now open to all housing agencies! Whether you're an MTW agency or interested in becoming one, the 2018 MTW Conference will provide you with a greater understanding of the possibilities the MTW program provides, from serving special populations and increasing affordable housing opportunities to strategies to targeted self-sufficiency programs and addressing homelessness. View the full agenda online here

Topics at the 2018 MTW conference include:

  • Serving Special Populations
  • Creating Moves to Opportunity
  • Increasing Affordable Housing Opportunities
  • Targeted Self-Sufficiency Programs
  • Rent Reform Policies
  • How to MTW
  • Addressing Homelessness
  • MTW Agencies as Agents of Change
  • University Studies Update
  • Strategies to Mitigate Shortfalls
  • Policy Considerations and Constraints for Designing MTW Activities
  • Legislative update
  • And more!

Due to upcoming program changes, and increased interest in applying for MTW status, this year's conference is once again open to all housing agencies on a first-come, first-served basis. Space is limited to 2 registrations per agency, and we encourage you to register immediately, as the event is quickly nearing capacity.

2018 MTW Conference

 

Click here to register

 

Topics: MTW, company news, Industry News

HUD Releases Additional Resources on SAFMR Implementation

Posted by NMA on Mar 21, 2018 2:23:09 PM

Recently on HUD Exchange, the Department of Housing and Urban Development (HUD) posted several new resources to aid in the implementation of the Small Area Fair Market Rents (SAFMR) final rule. Chief among these resources is a new guidebook, which provides guidance and practical examples for PHAs implementing SAFMRs. Topics covered in the guidebook include the policy background of SAFMRs, how SAFMRs will affect payment standards, and administrative and programmatic impacts of the rule.

In addition to the guidebook, HUD has also posted several other resources providing additional information and guidance on the rule. These include:

You can find links to all of these resources here, on the Small Area Fair Market Rents webpage, at HUD Exchange.

Does SAFMR implementation sound like a headache for your time-crunched, budget-burdened agency? Let us take on that project for you. We’ll conduct rent burden analyses, analyze vacancy rates, and conduct other required actions to ensure you’re in full compliance with all HUD rules and regulations. Click here to learn more

Topics: FMR, PIH Alert, Program News and Notices, Industry News, SAFMR

PIH Posts 2018 Admin Fee Rates

Posted by NMA on Feb 20, 2018 11:05:08 AM

HUD’s Office of Public and Indian Housing (PIH) posted the 2018 administrative fee tables for the voucher program. As a document accompanying the tables explains, there are two fee rates for each PHA, Column A and Column B. As usual, the Column A rate applies to the first 7,200 unit months leased in calendar year (CY) 2018, and the Column B rate applies to all remaining unit months leased. These fees apply to PHA-owned units as well as to non-PHA-owned units. As the document also explains:

  • PIH will once again follow a “hold harmless” rule. So PHAs that would otherwise have seen their fee rates go down in 2018 will receive the 2017 rates instead.
  • The fee rates for each PHA are those rates covering the areas in which each PHA has the greatest proportion of its participants. A PHA with participants in more than one fee area may request that the PIH office establish a blended fee rate schedule that will consider proportionately all areas in which participants are located. Once a blended rate schedule is calculated, it will be used to determine the PHA’s fee eligibility for all quarters of CY 2018. A PHA that received a blended fee rate schedule for 2017 will not receive it automatically for 2018. Instructions for applying and the deadline date for submitting requests will be detailed in the 2018 HCV funding implementation notice.
  • A PHA that operates over multiple counties may request higher administrative fees. To request higher fees, a PHA must submit specific financial documents to the Financial Management Center (FMC). Documents, submission requirements, and the deadline date for submitting requests will be detailed in the upcoming implementation notice.
  • Current administrative fee disbursements are based on the most recent leasing data available and an estimated proration. PHAs should not assume that the fees actually earned for CY 2018 will match the funds being disbursed. Each PHA’s fee eligibility will be calculated after the Voucher Management System (VMS) data for each quarter is available. Each PHA’s fees will be prorated if necessary to ensure that fees granted do not exceed appropriated funds.
  • Due to the new billing requirements under the final portability rule, receiving PHAs must calculate the lesser of 80% of the initial PHA’s column B administrative fee rate (then prorated to the national proration level) or 100% of their own column B administrative fee rate (then prorated to the national proration level). The PHA may use a national proration rate of 77% for CY 2018 billings. Going forward, although the national proration level will change, the “lesser of” calculation provided in the final portability rule will continue. An example of the prorated calculation is provided.
  • In addition to the voucher program, the 2018 administrative fee rates apply to the Moderate Rehabilitation program and the Five-Year Mainstream program.

You’ll find links to the 2018 administrative fee tables and the document that accompanies them on the HCV home page.

Topics: financial management, PIH Alert, PIH notices, portability, Program News and Notices, Industry News

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