EIV Update
In the April update of EIV’s online system, HUD Policy staffer Michael Sharkey noted that there are six areas that have been addressed:
Annual Financial Statement Submission Update
This is a reminder that the annual electronic financial statement submissions were due by March 31, 2012 for all owners who have a year end of December 31, 2011. HUD thanks all owners who already subm ...
DUNS/CCR Requirements in the News Again
These contracts now fall within the requirements of Notice H 2011-01 issued on January 5, 2011. Owners were required by this original Notice to have obtained a DUNS number and have an active, valid re ...
PBCA Update
We want to keep you updated on the status of the PBCA awards in the 42 previously contested states and territories. The latest information:
April is “Fair Housing Month”
April 2012 marks the 44th anniversary of the 1968 landmark Fair Housing Act. April is designated to remind us all that federal and local laws prohibit discrimination in the sale, rental and financing ...
HUD’s Projected Budget for 2013
On Monday, February 13, 2012, President Obama presented the FY (Fiscal Year) 2013 budget to Congress and to the public. It is important that you know that the budget did not request full funding for a ...
Q & A Certs
Question: One of my tenants had a 12/1/11 AR, and I used 6 paystubs to calculate his income. Now (in February of 2012), he’s come in asking for an AR Correction because his 2011 W2 shows less income t ...
HAP Contract Renewal for 20 Year Terms
HUD is encouraging Owner/Agents to renew Project-Based Section 8 contracts for 20 year terms. Why? With a 20-year contract term, HUD knows how many units will be in the inventory for a long time to co ...