Day: January 17, 2018

Small Area FMR Guidance Published

~ Tushar Gurjal ~ Leave a comment

HUD has published PIH 2018-01 (HA) titled “Guidance on Recent Changes in Fair Market Rent (FMR), Payment Standard, and Rent Reasonableness Requirements in the Housing Choice Voucher Program.” The guidance states that “PHAs are expected to have completed the implementation as expeditiously as possible and no later than April 1, 2018.” NAHRO will provide additional details on the guidance in the coming days.

The notice can be found here.

2018 Public Housing Management Fees Published

~ Eric Oberdorfer ~ Leave a comment

On January 17, HUD released it’s 2018 Public Housing Management Fee Table. PHAs may use the amounts published in the table to establish “reasonable” fees for each of their public housing projects. Some PHAs may see a decrease from the 2017 schedule. Fees in the fee table have already been adjusted for occupancy. Nationally, the 80th percentile management fee is $60.46 per unit month (PUM).