August 12, 2015 in Breaking News, Contract Renewals and Rent Increases, Handbooks/Notices/Guides

HUD Issues a New Section 8 Renewal Policy Guidebook

HUD Issues a New Section 8 Renewal Policy Guidebook

On August 5, 2015, HUD published an updated Section 8 Renewal Policy Guidebook. This new guidance applies to renewal and amend-rent only packages received by the Department (or post-marked) on or after November 5, 2015 (90 days from the date of publishing.)

PMCS is currently reviewing the new Guide in order to provide a more detailed article to interested owners.  Specifically, we will identify and explain the impact these changes have on owner options for upcoming Section 8 contract renewals.  Stay tuned to our website for additional information.

Click here to view the full version of the new Guidebook.