RHIIP Listserv #378: Updated Section 8(bb) Frequently Asked Questions

On December 19, 2016 the Department issued updated responses to a number of questions on transferring budget authority under Section 8(bb).  The questions and answers are attached.  These FAQs supersede those issued on April 22, 2016.  New and revised questions and answers are indicated.  As the Office of Multifamily Housing formulates additional responses to questions submitted, the Department will issue updates to this document.   For more information on how the policies impact a particular project, please contact your Account Executive in the servicing HUD regional office.  General policy questions can still be sent to 8bbor214questions@hud.gov.