On November 16, HUD published Notice PIH-2021-30, titled “Revision of Application Process for the Small-Rural Frozen Rolling Base Program.” The Notice simplifies and updates the procedure for PHAs to elect to participate in the Small Rural-Frozen Rolling Base (SR-FRB) program. The program allows PHAs that qualify as small and rural to freeze their three-year rolling base consumption level for utility costs for a period of up to 20 years. SR-FRB elections/change requests must be made no later than December 6 for FY 2022. Elections and changes will be made through the OpFund Web Portal. HUD will notify eligible PHAs via email when the module becomes open and available. 2022 will be the first year PHAs that elected to participate in the program in 2021 will be able to remove a project from participation in the SR-FRB.
The notice can be found here.