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Preventing Shortfall: Lessons Learned

Posted by NMA on Sep 1, 2016 2:27:29 PM

NMA's Steven Rosario will lead a session on preventing shortfall in the housing choice voucher program

In his current role as HCV program director, NMA's Steven Rosario oversees the operations of Miami-Dade County’s housing choice voucher program. He previously served as director of some of the largest voucher programs in the nation, administering more than 45,000 vouchers in Chicago and San Francisco.

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Topics: Executive Management, Financial Management, HCV utilization, The Housing Conference, VMS

RAD: Post-Closing Operational Transition for PBV

Posted by NMA on Jun 24, 2016 10:43:22 AM

Jennifer Green of the Indianapolis Housing Agency, speaking on the RAD panel at The Housing Conference

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Topics: PBV, RAD, The Housing Conference, VMS

HUD issues notice on administrative fee reserves

Posted by NMA on Oct 8, 2015 2:58:19 PM

This week HUD’s Office of Public and Indian Housing (PIH) issued Notice PIH 2015-17 to provide guidance to PHAs on the use and reporting of administrative fee reserves, or unrestricted net position (UNP) accounts. The seven-page notice reissues with minor revisions Notice PIH 2010-7, providing updated guidance on the reporting of admin fee reserves and use of reserves when faced with insufficient funding. The new notice responds to recommendations by the Office of Inspector General (OIG) to implement controls and requires reconciliations of UNP. Below is a summary of the major differences:

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Topics: FASS-PH, Financial Management, PIH notices, VMS

HCV funding disbursements for February and March 2015

Posted by BEMuser on Jan 26, 2015 11:29:27 AM

HUD’s Financial Management Division (FMD) recently sent a letter to PHA executive directors describing the calculation and disbursement of renewal funding for February and March. The allocation of HAP renewal funds for calendar year (CY) 2015 has not yet been determined pending completion of Voucher Management System (VMS) data entry for CY 2014. February and March disbursements are based upon each PHA’s CY 2014 prorated renewal eligibility.

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Topics: Financial Management, VMS

HCV program: Get ready for 2015

Posted by BEMuser on Jan 15, 2015 1:06:33 PM

Last week HUD’s Office of Public and Indian Housing (PIH) sent out a letter to PHA executive directors to help them plan their 2015 budgets for the housing choice voucher (HCV) program. The letter provides important information and guidance about budgeting for next year. Below are just a few highlights:

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Topics: Financial Management, VMS

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