
HUD Issues Housing Notice on HUD’s Equal Access Rule
HUD Issues Housing Notice on HUD’s Equal Access Rule Housing Notice H-2015-06, Program Eligibility in Multifamily Assisted and Insured Housing Programs in Accordance with HUD’s Equal Access Rule, was ...

Big News for Owners Needing To Perform a Utility Allowance Analysis
Big News for Owners Needing To Perform a Utility Allowance Analysis On June 18, 2015 and June 22, 2015, respectively, HUD issued a Memo and Notice H-2015-04 detailing new sampling methodologies Owne ...

HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts
HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts On June 19, 2015, HUD issued a memorandum that impacts owners of Section 202 and 811 PRAC properties maintaining residual receipt acc ...

HUD Issues a Revised RAD Notice
HUD Issues Notice PIH-2012-32 (HA), REV-2-Rental Assistance Demonstration-Final Implementation, Revision 2 On June 15, 2015, HUD issued a revised Notice that provides program instructions for the Ren ...

Clarification to an earlier Question and Answer post regarding a move-out correction
In the June 2015 issue of Practical Points, we included a question and answer regarding how to correct a move-out certification previously accepted by TRACS. This is a revision to the original post t ...

Question and Answer- Third Party Verifications and 9887A Forms
Question: During a recent PMCS training, the instructor indicated that when management is sending out third party verification forms that: 1) adult members of the household must sign the individua ...

Question and Answer: Screening Costs
Question: Â We have a lot of households that apply, but end up getting rejected based on our screening criteria. We spend a lot of money each year on screening costs for households that never end up li ...

Annual Financial Statement (AFS) Filing Deadline; Validation Errors; FASS Service Outage
AFS Filing Deadline - There has been no indication from REAC that a filing extension will be issued; therefore, filers must adhere to the 90-day filing deadline. REAC has indicated, however, that alth ...

Required Transition for HUD’s Voice Response System (VRS) Users to eLOCCS
Several owners of HUD properties are also recipients of a variety of HUD grants (for service coordinators, etc.) As Grantees, these owners have historically utilized the Voice Response System (VRS) to ...

HUD clarifies guidance pertaining to new passbook rate effective February 1, 2015
On November 7, 2014, we notified you that HUD issued a new passbook savings rate of 0.06% to be effective February 1, 2015. HUD issued a RHIIP Listserv on Friday, November 14, 2014 that clarified HUD’ ...