HOTMA Reminders
Are you ready and prepared for the July 2025 implementation of HOTMA? As of now, the implementation date is still set for July 2025 for HUD Subsidized Housing Programs, even though the required updating of HUD forms remains incomplete. Many HUD forms ranging from the HUD 9887/9887A Authorization for the Release of Information, HUD Leases, 50059/50059A Certification Forms, Race & Ethnicity Report Data Collection Forms, and several other HUD Forms remain in draft form, awaiting approval on HUD’s Multifamily Housing Policy Drafting Table at www.hud.gov. It is expected, but not certain, that another extension on the implementation of HOTMA will be forthcoming from HUD.
In the meantime, while we wait for further direction from HUD, be certain to have updated Tenant Selection Plans and EIV Policies and Procedures in place at your properties to reflect the HOTMA regulations. Both of these critical property level documents had required completion dates of May 31, 2024. While you should have them prepared, these HOTMA compliant Tenant Selection Plans and EIV Policies and Procedures cannot be implemented until you are fully HOTMA compliant at your location. This not only includes the final implementation date of July 2025 but the readiness of your compliance software.
Another property related document that will require updates under HOTMA includes House Rules. House Rules will need to reflect mandatory and discretionary policies and information adopted in the Tenant Selection Plan.
Be on the lookout for updated HOTMA information by monitoring the HUD’s HOTMA webpage at https://www.hud.gov/hud-partners/multifamily-hotma and following our PMCS website and email updates. You may also wish to subscribe to HUD’s mailing list available at Multi-Family Mailing List.