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What's New

CoCs and Project Applicants with Leased Units in FY2012 Renewal Project Applications

This year’s transition from the cumulative annual leasing budget amount to a per-unit-size monthly budget has resulted in some HUD Paid Rent amounts that do not divide to a whole number, or exceed the jurisdiction’s Fair Market Rent (FMR). HUD released instructions on how to resolve this issue in a listserv message sent out on Friday, December 21. The purpose of the instructions is to explain how such affected Project Applicants should complete these forms to be eligible to receive the full leased unit budget line item amount listed on the CoC’s HUD-approved FY2012 GIW. To review the listserv containing the instructions, click on the link below.

[Posted on 12/24/2012]

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