NAHRO encourages all PHAs, especially those on the West Coast, to attend the HUD COCC (Central Office Cost Center) listening session on December 7, 2016 in Los Angeles, CA. Previous COCC listening sessions have been held in Alabama, Michigan and the District of Columbia. NAHRO has participated in a HUD COCC listening session and HUD shared substantive information in addition to listening to the concerns and questions of PHAs. These listening session are not part of the formal rulemaking process and is an opportunity to have a discussion with HUD on the COCC and the fee system.
PHAs interested in attending the COCC listening session in Los Angeles on December 7, 2016 will need to register at the following website: http://www.hud.gov/emarc/index.cfm?fuseaction=emar.registerEvent&eventId=2944&update=N.
Below is the Los Angeles COCC Listening Session information and agenda that was received from HUD.
In consideration of those PHAs that are located on or closer to the West Coast, HUD has decided to offer an additional COCC Listening Session in Los Angeles, CA on Wednesday, December 7, 2016. Registration information for the Los Angeles, CA session is provided below.
Background: In response to an OIG audit report, HUD is considering changes to the amount and types of fees a PHA’s Central Office Cost Center (COCC) can charge and the eligible uses of these funds by the COCC. These changes could significantly impact the more than 600 PHAs that operate under asset management using the COCC model. To more fully understand the impact of such changes when developing possible new rules, procedures, and guidance on the COCC, HUD has chosen to hold listening sessions in several cities, including Los Angeles, CA.
We welcome your PHA’s participation.
Detailed information on the COCC listening session and registration information is provided below. Note: The listening session is in person only; there is no audio or video broadcasting of the sessions.
Deputy Assistant Secretary
PIH-Real Estate Assessment Center
Who Should Attend? The target audience for this listening session is Executive Directors, Chief Financial Officers, and Public Housing Directors of PHAs that operate under asset management using a COCC. PHAs also are encouraged to share this information with their fee accountants and auditors. HUD will be sending a separate email to invite fee accountants, auditors, and financial consultants to the listening session.
Listening Session Registration. Registration is limited to no more than two (2) participants from the same PHA or organization. To register for the Los Angeles session, please click on the link below.
The event will be held at HUD’s Los Angeles, CA Field Office. Take the elevator directly to the 4th floor to Room 4054.
Los Angeles Federal Building
300 North Los Angeles Street, Suite 4054
Los Angeles, CA 90012
Note: Attendees will be asked to go through a metal detector and place their personal items through an x-ray machine. With this in mind, please give yourself an extra 15 to 20 minutes to go through security and consider what you bring with you.
COCC Listening Session Agenda. A draft agenda for the COCC listening session is provided below.
|COCC Listening Session – Draft Agenda
||8:30 – 9:00
||Welcome and Background
||9:00 – 9:30
||Reasonableness of Fees and Fee Type
||9:30 – 10:15
||Re-federalization of Fees
||10:15 – 10:45
||10:45 – 11:00
||Eligible Uses of Fee Income
||11:00 – 12:00
||12:00 – 1:00
||Accounting and Reporting
||1:00 – 2:15
||2:15 – 2:30
||2:30 – 3:30
||Next Steps / Closing
||3:45 – 4:00
Lodging/Parking Information. For attendees who may need overnight accommodations or parking, this information is provided at the link below. This hotel list is provided for your convenience. HUD does not endorse or recommend any hotel.