Annual Adjustment Factors (AAFs) 2012
On March 13, HUD released (in the Federal Register) its Annual Adjustment Factors for FY 2012 for Section 8 contracts on their contract anniversaries. These factors are based on a formula using reside ...
EIR (Excess Income Receivables) Collections
For those unfamiliar with Section 236 requirements, landlords are only allowed to keep the HUD-approved Basic Rent. Any amounts over Basic collected from tenants (i.e. those who pay between Basic and ...
2012 PAC Renewal Instructions Just Released
Do you have a PAC (Project Assistance Contract) that needs to be renewed? You must use the new FY 2012 contract for renewals, since it has changes in the dates and authorizing legislative section. The ...
More on Residual Receipts for New Regulation Section 8 Contracts
Janet Golrick, Associate Deputy Assistant Secretary for Multifamily Housing Programs, has sent, to owners and agents, a follow-up to her letter of November 22, 2011 giving some clarification as to the ...