August 16, 2024 in Multifamily Housing News, Section 8

HUD Publishes Revised HAP Assignment Form

On August 15, the Office of Multifamily Housing Programs, announced the availability of a standard form for the Assignment, Assumption, and Amendment of Section 8 Housing Assistance Payments Contracts. This form, which went through a public comment process prior to being finalized, has been approved by the Office of Management and Budget. Use of this form is now required for any assignment of a Section 8 project-based rental assistance (PBRA) Housing Assistance Payments (HAP) contract.