October 6 HUD Would Add Almost 12 More Weeks of Work for Many HAs As part of recent Appropriations Acts (see below), Congress directed HUD to report on administrative burdens confronting HAs and to streamline regulations in light of budget constraints. Although HUD was required to respond by July, the report is now three months late. Read more
October 2 CY 2014 Final Operating Fund Obligations On September 29, the Department published its explanation of CY 2014 final obligations for October through December, based on the current 2014 Appropriation, for the Public Housing Operating Fund. The Department's Operating Fund Calculation of Operating Subsidy form data were used as the basis for final eligibility determinations to housing authorities (HAs). After taking various factors into account, final eligibility was $4,953,915,658, resulting in a proration amount of 88.79%. Obligation letters for the October through December amounts are posted on HUD's Subsidy Processing website.