2014 PAC Renewal

Instructions for renewing your PAC (Project Assistance Contract) have just been released by HUD, though they sent them to their Field Offices on February 19, 2014.  Use them to process your contract renewal for FY (fiscal year) 2014.

PACs that are expiring can only be renewed for one year.  You can find the memo and the FY 2014 contract on HUD’s website page Multifamily Housing – Section 8 Expiring Contracts under “Renewal of Expiring Project Assistance Contracts (PACs) Under the Section 202 Program of Supportive Housing and Urban Development for the Elderly and for Persons with Disabilities for Fiscal year 2014” (the 7th bullet under Section 8 Contracts)

Click here to view the PDF of the memorandum.

Reference: RHIIP ListServ: # 312 – 03/05/14 – 2014 PAC Renewal Instructions Announced.