11.30.23
HUD has published 2024 Operating Cost Adjustment Factors (OCAFs) for Section 8 project-based assistance contracts and multifamily projects. These OCAFs will apply to contracts that have an anniversary date on or after February 11, 2024. Contract rents are adjusted by applying the OCAF for the state or territory in which the project is located to that portion of the rent...
11.28.23
HUD has awarded nearly $25 million in Housing Mobility-Related Services awards to seven public housing authorities (PHAs) to administer housing mobility programs.
11.28.23
HUD has awarded nearly $25 million in Housing Mobility-Related Services awards to seven public housing authorities (PHAs) to administer housing mobility programs.
Legislation
Housing Opportunities Through Modernization Act of 2016 (HOTMA)
The Housing Opportunities Through Modernization Act of 2016 (HOTMA) received bipartisan support and was passed by Congress on July 14, 2016. The legislation makes significant positive reforms to the Section 8 Project-Based Voucher (PBV) program, including allowing housing authorities to project-based up to 20 percent of its authorized voucher allocation, with up to an additional 10 percent for targeted populations. The bill also allows more supportive services to be provided to homeless families and individuals, families with veterans, and the disabled and elderly. HUD is still in the process of implementing several provisions enacted by HOTMA.
HR3700 Housing Opportunity Thru Modernization Act
HOTMA CLPHA Section by Section
