What's New
Multifamily Hub - Serving Colorado, Montana, North Dakota, South Dakota, Utah and Wyoming

Federal Register Notice
Request for Stakeholder comments on HERA and aligning Low Income Housing Tax Credits with the FHA Multifamily insurance program. Comments due June 29, 2009.

Funding No Longer Available for the Emergency Capital Repair Grant Program
Effective midnight on March 5, 2009, grant applications submitted by eligible non-profit owners for projects designated for the elderly under the Emergency Capital Repair Grant Program will no longer be accepted in Grants.gov. Grant funding is no longer available for this program under the Notice of Funding Availability published in the Federal Register on November 24, 2008.

Changes to the Active Partners Performance System
Currently, HUD Field Office Project Managers can change/update Participant Data (Participant Name, Address, Phone Number, etc.) in HUD's in-house data-base system until the approved Industry Coordinator uses the Active Partners Performance System (APPS) to submit their Previous Participation Certification (form 2530), then all changes to Participant Data MUST be entered into the APPS System.

On April 2, 2009, PMs will no longer be able to change/update Participant Data. Industry Coordinators must use APPS to change/update Participant Data via the internet.

Funding of Section 8 Contracts
The American Recovery & Revitalization Act (ARRA) will provide funding for all of the Section 8 contracts for contracts expiring in fiscal year 2009. The $2.0 billion provided in the ARRA for Section 8 renewals is being used to support a return to the practice of funding contract renewals on a full twelve-month funding cycle. Essentially, the ARRA money has been committed to fund (a) contracts that have already been renewed but need additional funds in order to complete their current funding cycle, or (b) contracts that are now being renewed and need a full twelve months funding. The $2.0 billion from ARRA will only enable HUD to begin the process of full annual funding-and the balance of our FY 2009 annual appropriations must be made available before the task can be completed. However, funding from ARRA has enabled us to begin the process and meet most urgent needs.

Please be advised that the funding for a full twelve-month cycle is done on the basis of current cost data, trended on the basis of national inflation estimates. Actual subsidy costs will vary from contract to contract and only be known as monthly vouchers are approved for payment. We will monitor actual fund usage each quarter and adjust funding as needed to assure that rental assistance payments are made in a timely fashion throughout the year.