HUD Expects to Raise Operating Fund Proration in May

In light of the recently passed FY 2018 budget, HUD is expecting to raise the Operating Fund proration to 93.53 percent in May. The April proration will remain the same as January, February, and March 2018 as the budget was passed too late in March for HUD to make any changes for April. NAHRO will continue to closely monitor the Operating Fund and provide updates as they occur.

The budget provided $4.55 billion to support the operation and management of public housing. This is $150 million more than funding for FY 2017, $50 million more than what was proposed by the Senate, $150 million more than the House bill and $650 million more than what was proposed by the President’s FY 2018 budget request.