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HUD to Publish Notice Establishing RFIFs for PHAs for FY 2024

Thursday, May 9, 2024 - 12:55PM

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register establishing renewal funding inflation factors (RFIFs) and the methodology to calculate them to adjust fiscal year 2024 renewal funding for the housing choice voucher program for public housing agencies (PHAs). The notice apportions the expected 7.38% change to each PHA based on its operating area to produce the RFIFs. The inflation factors are applicable beginning Friday. Tables showing the RFIFs by HUD Fair Market Rent Area will be available at the HUD data information page.

Novogradac’s Public Housing Authority team can assist PHAs with all aspects of HUD compliance.

 

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