Sign Up For Novogradac Industry Alert Emails

HUD Issues Draft of Notice on Section 8 PBRA HAP Contract Bifurcation, Seeking Feedback

Wednesday, March 22, 2023 - 3:30PM

The U.S. Department of Housing and Urban Development released a draft of a notice to provide clarification for Section 8 Project-Based Rental Assistance (PBRA) Housing Assistance Payment (HAP) contract bifurcations. The notice addresses issues that arise when a single HAP contract is divided into two or more contracts following HUD approval. The notice proposes to establish clear standards for HUD approval of such requests and steps for approval. Comments are due by 5 p.m. ET April 24 and should be sent to [email protected].

The Novogradac Introduction to HUD Multifamily Rental Programs booklet provides an updated introduction to the multifamily programs most used by affordable housing developers, including Section 8.

Learn more about Novogradac's expertise and many services