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Operating Cost Adjustment Factor (OCAF) rent increases are based on the OCAFs HUD releases annually in the Federal Register. Eligibility is determined by your HAP contract. If the Rent Adjustment section of your contract or plan of action refers to OCAF adjustments, you’re eligible to submit an OCAF request. Generally, sites that have renewed under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA) are eligible to submit OCAF rent adjust...
A recent study from Apartment List, “The Housing Affordability Struggle of 21st Century Veterans,” found that post-9/11 veterans are more likely to struggle with housing affordability than veterans of previous generations. According to the study, post-9/11 veterans have become the first and only generation of veterans to struggle with housing affordability compared to civilians of like ages and demographics.
On Nov. 13, HUD’s Office of Public and Indian Housing sent a letter to Executive Directors of public housing agencies notifying them of their options related to the repositioning of their public housing properties. In the letter, HUD discusses the Rental Assistance Demonstration (RAD) program, new flexibilities for Section 18 demolition and disposition, and forthcoming guidance on voluntary conversion and the retention of assets after a Declaration of Trust (DOT) ...
HUD’s Office of Public and Indian Housing (PIH) recently sent letters to PHAs inviting them to request up to $25,000 in additional administrative fees to reimburse them for the costs associated with implementing Small Area Fair Market Rents (SAFMRs). As of April 1, 2018, PHAs in 24 metropolitan areas are required to use SAFMRs. Other PHAs may voluntarily use SAFMRs. PHAs have until Dec. 31 to apply for the additional administrative fees.
HUD recently published Notice PIH 2018-24 entitled “Verification of Social Security Numbers (SSNs), Social Security (SS) and Supplemental Security Income (SSI) Benefits; and Effective Use of the Enterprise Income Verification (EIV) System’s Identity Verification Report.” This notice supersedes the previous notice PIH 2012-10. The full notice can be found at www.hud.gov/sites/dfiles/PIH/documents/PIH-2018-24_EIV_SSN_Notice_FINAL.pdf.
As part of its continuing effort to support “decent, safe, and sanitary housing,” HUD announced, in a Multifamily Communications email, that it has been conducting an internal review of the Real Estate Assessment Center’s (REAC’s) physical inspection system. Secretary Carson is leading a re-examination of how HUD conducts inspections to ensure private owners are meeting this standard.
The Government Accountability Office (GAO) recently released a report that examined the processes for referring cases of potential noncompliance to HUD’s Departmental Enforcement Center (DEC). The GAO looked at three HUD program offices—the Office of Multifamily Housing Programs, Public and Indian Housing (PIH), and Community Planning and Development (CPD)—and concluded that PIH and CPD don’t provide their field staff with specific guidance on wh...
According to a preliminary notice issued by the Department of Homeland Security (DHS), the Trump administration is considering ways to strengthen the enforcement of rules that require immigrants to demonstrate that they won’t take advantage of public assistance programs after entering the United States.
Senator Elizabeth Warren (D-MA) recently introduced an affordable housing bill called the “American Housing and Economic Mobility Act.” It would authorize $500 billion for affordable housing programs over the next 10 years. The legislation increases funding for a number of affordable housing programs, including the Housing Trust Fund and Capital Magnet Fund.
HUD Secretary Ben Carson and U.S. Department of Veterans Affairs (VA) Secretary Robert Wilkie recently announced $35 million in grants to combat veteran homelessness. The funding will be provided through the HUD-Veterans Affairs Supportive Housing (HUD-VASH) program to 212 public housing agencies across the country to provide a permanent home for over 4,000 homeless veterans.
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