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HUD ACCEPTS COMMENTS ON PUBLIC HOUSING SUBSIDY APPEALS

Wednesday, October 24, 2012 - 1:15AM

The U.S. Department of Housing and Urban Development (HUD) today invited comments on the process public housing agencies (PHAs) use to appeal the amount of operating subsidy they receive. To prevent the phase-in of the reduction in the amount of subsidy a PHA receives under the new operating fund formula, PHAs must submit a “stop-loss” package to HUD demonstrating conversion to asset management. Comments will be accepted through Dec. 24.

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