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HUD has published 2024 Operating Cost Adjustment Factors (OCAFs) for Section 8 project-based assistance contracts and multifamily projects. These OCAFs will apply to contracts that have an anniversary date on or after February 11, 2024. Contract rents are adjusted by applying the OCAF for the state...
HUD has awarded nearly $25 million in Housing Mobility-Related Services awards to seven public housing authorities (PHAs) to administer housing mobility programs. The awards were made through the Housing Choice Voucher Mobility Services Program, which is based on HUD's Community Choice...
HUD has awarded nearly $25 million in Housing Mobility-Related Services awards to seven public housing authorities (PHAs) to administer housing mobility programs. The awards were made through the Housing Choice Voucher Mobility Services Program, which is based on HUD's Community Choice...
PIH Notice 2023-32 provides guidance to PHAs and HUD Field Offices in metropolitan areas that were recently designated for mandatory use of Small Area Fair Market Rents (SAFMRs) in the Housing Choice Voucher (HCV) program. The initial SAFMR notice contained an implementation date of October 1,...
HUD recently announced that it will require an additional 41 metropolitan areas to use Small Area Fair Market Rents (SAFMRs). HUD has shared a list of every PHA that will be required to implement SAFMRs. In total, 271 PHAs will be required to implement SAFMRs; 28 of which are...
Project-Based Vouchers (PBVs) were under contract to subsidize over 300,000 housing units in 2022. With over 60% of all medium and large PHAs operating a PBV program, and more than 1 out of every 9 households receiving voucher subsidies living in a PBV unit, the PBV program has grown rapidly and...