Guidance from HUD and the Treasury on HCV budgeting, Section 3, commitment letters for prospective renters, and more.
Recent News
HUD Letter on 2022 HCV Program Renewal Awards
In a letter to PHA executive directors on January 18, HUD provided important information and guidance about planning 2022 budgets for the Housing Choice Voucher program. Read articleHUD Publishes Section 3 Guidebook
This new resource is intended to help HUD grant recipients, subrecipients, contractors, and Section 3 business that manage or implement the Section 3 provisions. In addition to the latest tools and resources for applying these provisions to HUD-funded projects and activities, the guidebook includes information on implementing the requirements of the Section 3 final rule that went into effect November 30, 2020. Read article
HUD Publishes Notice to Extend Length of Housing Support to Foster Youth
In a notice in the Federal Register, HUD implements and provides guidance on the provisions of the Fostering Stable Housing Opportunities (FSHO) amendments to the Family Unification Program. Under FSHO, former foster youth may receive up to 60 months of voucher assistance. Eligible youth include those participating in family self-sufficiency programs, and those in specific situations precluding their participation in such programs. HUD seeks public comment on certain provisions. Read article
New from the Treasury: Using Commitment Letters to Assist Prospective Renters
A recently posted resource from the US Department of the Treasury details promising practices for assisting individuals who will need ERA assistance for a prospective rather than current rental. A commitment letter can help provide proof to a landlord that these prospective renters are approved for assistance and will be able to pay future rent. Read article
HUD Awards more than $51 Million in Grants to Support Housing Counseling Programs, Partnerships with Minority-Serving Institutions, and Training
$51.4 million in housing counseling grants will provide HUD-approved agencies and intermediaries with funding to maintain and expand critical services for renters, homebuyers, and homeowners. The funding is part of the effort to curb the effects of the COVID-19 pandemic on housing. Read article
