HUD makes 2023 updates; a new paper reviews HCV program impact; and HUD closes a RAD conversion transaction in Illinois.
HUD Updates Flat Rent Exception Request Submission Requirements
Notice PIH 2022-33 applies to the Public Housing program. This notice supersedes the guidance provided in Notice PIH 2021-27 related to flat rents and supplements the streamlining final rule published in 2016. Read notice
HUD Publishes 2023 OCAFs
Operating cost adjustment factors (OCAFs) for project-based assistance contracts for eligible multifamily housing projects with anniversary dates on or after February 11, 2023 have been established in a recent Federal Register notice. Read article