As we mentioned and summarized in our earlier post, HUD has published a revised version of the new administrative fee formula for the Housing Choice Voucher (HCV) Program. The proposed revision to the new administrative fee formula has now been officially posted to the Federal Register. Comments on the revision to the new administrative fee will be due on October 4, 2016.
HUD has also posted a new administrative fee formula data tool. By entering your PHA code, you can compare how much you would have been eligible for under the new formula to the actual amount you received in 2015. You can also adjust the proration for 2015 to create a more apples-to-apples comparison (i.e., compare full eligibility under the current formula to full eligibility under the revised new formula in Calendar Year 2015).
NAHRO will continue to analyze the new formula and bring you the latest analysis and updates.
You can find the new revision to the proposed administrative fee formula here.
You can find HUD’s PHA Admin Fee Tool 2015 here.
[Edit: We have now sent a Direct News item on the new proposed administrative fee formula (members only).]