HUD has announced its allocations for the Office of Community Planning and Development’s (CPD) formula programs, including: the Community Development Block Grant (CDBG), HOME Investment Partnerships (HOME), Housing Opportunities for Persons with AIDS (HOPWA), Emergency Solutions Grants (ESG), and the Housing Trust Fund (HTF). Allocations reflect the level of funding approved for your community. Allocations can be found on HUD’s CPD Formula Allocations for FY 2018 website.
Day: May 1, 2018
HUD Posts 2018 CoC Registration Forms
HUD has posted it’s FY 2018 Continuum of Care (CoC) registration form to e-snaps with a submission deadline of 5:00 PM EDT on May 14, 2018. Collaborative applicants for CoCs that have changes from FY 2017 must complete the registration forms to access the Consolidated Application in the FY 2018 CoC Program Competition. This includes the CoC Application, the CoC Priority Listing, and project applications. If a CoC has no changes, they do not need to complete the registration, as HUD will move the previous year’s CoC registration information forward with no changes.
HUD also plans to release CPD Notice-18-06 “Applying to be a High Performing Community (HPC)” to the FY 2018 CoC Program Competition Funding Availability Page no earlier than May 2, 2018. The Notice will provide information applicants need to complete the 2018 Registration Process.
HUD Issues Memo on Delayed RAD Closings
Recently, HUD’s Office of Recapitalization (Recap) Director Tom Davis issued a memo announcing new guidelines for closing RAD transactions after issuance of the RAD Conversion Commitment (RCC). Once an RCC is issued, agencies undergoing RAD conversions have 90 days to close their RAD transactions unless granted an extension by HUD. Recap notes that they expect PHAs to be ready to begin the closing process once the RCC is issued, however, HUD notes that some agencies undergoing RAD transactions have not submitted their closing packages “in a timely manner” once the RCC is issued. According to Recap, this “unnecessarily diverts staff attention away from transactions that are ready to close.” As a result, Recap is now introducing a “more standardized framework for processing transactions with a delayed submission of the draft closing package” through a new “Delayed Submission” RCC status.
The NAHRO Blog: Legislative & Policy Updates from Washington, DC 