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Data / Federal rules / 2024-15269

Updated Terminology for State Housing Agency Housing Assistance Payments Contracts

The Housing and Urban Development Department published this proposed rule in the Federal Register on July 17, 2024. Comments closed on September 16, 2024.

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What the agency says

The U.S. Department of Housing and Urban Development is proposing to revise HUD's regulations for Housing Assistance Payments contracts that were initially issued and administered by a State Housing Finance Agency. The proposed rule would clarify the meaning of the terms "HFA (Housing Finance Agency)" and "State Agency (Agency)" when HUD either assumes contract administration responsibilities or assigns the contract administration responsibilities to a Performance-Based Contract Administrator. The proposed rule would also clarify how reserve accounts may be transferred following assumption of contract administration duties by a new party. These regulatory changes would conform with longstanding HUD policy and practice.

Key facts

Document number
2024-15269
Type
Proposed rule
Action
Proposed rule
Agency
Housing and Urban Development Department
Published
July 17, 2024
Comments due
September 16, 2024
Dates
Comments are due by September 16, 2024.
Docket
Docket No. FR-6378-P-01
Regulation ID (RIN)
2502-AJ68
Code of Federal Regulations
24 CFR 883
Topics
Accounting; Administrative practice and procedure; Government contracts; Grant programs-housing and community development; Low and moderate income housing; Public assistance programs; Public housing; Rent subsidies; Reporting and recordkeeping requirements; State and local governments
Pages
4

The document on federalregister.gov PDF

Other documents from the Housing and Urban Development Department

Everything from the Housing and Urban Development Department · Rules on accounting · Rules on administrative practice and procedure · Rules on government contracts · Published in July 2024

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