In May 2016, at Congress’ direction, HUD set out to consolidate, update, and improve the Housing Quality Standards (HQS) and the Uniform Physical Condition Standards (UPCS), to implement a single inspection protocol for public housing and voucher units. After seven...
On March 27, 2023, HUD published an update to the Section 8 Renewal Guidebook for the first time since 2017. The updated guidance is centered around HUD’s standards for preparing, submitting, and reviewing Rent Comparability Studies (RCS) found in Chapter 9 of the...
On January 31, 2023, HUD published the Housing Opportunities Through Modernization Act (HOTMA) Final Rule, in a preview version, as its first step in implementing many sweeping changes to HUD programs. HOTMA was passed on July 29, 2016, and is aimed at modernizing...
The highly anticipated Operating Cost Adjustment Factors (OCAFs) for 2023 were released on November 15th. As expected, the OCAFs are much higher than usual and are reflective of changes in HUD’s methodologies, recent economic circumstances, inflation, and...
On October 31, 2022, HUD published Notice H 2022-06 announcing the continued availability of supplemental operating funds for Section 8, Section 202, and Section 811 properties to prevent, prepare for, and respond to the coronavirus disease discovered in 2019...
The long-awaited Cost of Living Adjustment (COLA) for Social Security benefits was announced on Thursday, October 13th. Social Security and SSI recipients will see their entitlements increase by a staggering 8.7% beginning in January 2023. This, combined with the fact...
