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 52665  Form 2004

2004-2025 Form

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Instructions and help about 52665 Form

HELLO. I'M RYAN JONES. WELCOME TO THIS PART OF THE HOUSING OPPORTUNITY THROUGH MODERNIZATION ACT OF 2016 TRAINING ON THE PIH NOTICE. IN THIS PART OF THE TRAINING, I WILL COVER ATTACHMENT C. THE ATTACHMENT COVERS THE PROGRAM LIMITATION FOR PROJECT BASING VOUCHERS. WE'LL COMMONLY HEAR THIS REFERENCED TO AS THE PROGRAM CAP. I WILL DISCUSS THE NEW METHODOLOGY FOR CALCULATING THE PROGRAM CAP, THE REVISED REQUIREMENTS FOR NOTIFICATION TO HUD, WHEN A PHA MUST SUBMIT INFORMATION TO HUD AND HOW, AND LASTLY, WHAT WILL BE INCLUDED IN HUD'S RESPONSE. UNDER HOTMA, A PHA MAY PROJECT BASE UP TO 20% OF ITS CONSOLIDATED ANNUAL CONTRIBUTIONS CONTRACT AUTHORIZED UNITS, COMMONLY REFERRED TO AS THE ACC. PRIOR TO HOTMA, PHA'S MAY HAVE PROJECT BASED UP TO 20% OF ITS VOUCHER BUDGET AUTHORITY. THIS NEW WAY OF DETERMINING A PROGRAM LIMITATION DOES NOT MEAN THAT A PHA DOES NOT HAVE TO DETERMINE FOR ITSELF THE AMOUNT OF BUDGET AUTHORITY IT HAS AVAILABLE IN INSURING THAT THE AMOUNT

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