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Department of Housing and Urban Development News Briefs - July 2021
The U.S. Department of Housing and Urban Development (HUD) announced May 17 the allocation of $5 billion in emergency vouchers to combat homelessness under the American Rescue Plan Act of 2021. The supplemental funding is allocated through the Emergency Housing Voucher program, with HUD delivering 70,000 vouchers to local public housing authorities (PHAs). HUD estimates the vouchers, along with resources provided by the Coronavirus Aid, Relief and Economic Security Act of 2020, could help 130,000 households. HUD posted a set of frequently asked questions about the vouchers May 20.
The Novogradac Rent & Income Limit Calculator© was updated to include fiscal year 2021 rent and income limit data that HUD released April 1. Using the HUD-published data, the Novogradac Rent & Income Limit Calculator© will calculate low-income housing tax credit rent and income limits for every county and every metropolitan statistical area in the United States.
HUD published a notice May 5 that outlined requirements for PHAs that will be invited to administer 70,000 vouchers through the American Rescue Plan Act of 2021. PIH Notice 2021-15 provided guidance for the vouchers, which are for individuals and families who are homeless; at risk of homelessness; fleeing or attempting to flee domestic violence, dating violence, sexual assault, stalking or human trafficking; or recently homeless and for whom rental assistance will prevent the family from having a high risk of housing instability. HUD also published a list of PHAs invited to administer the vouchers.
In a notice published May 19 in the Federal Register, HUD proposed adjusting which documents are required while processing and completing a Rental Assistance Demonstration (RAD) conversion. The notice adjusted HUD’s documents to reflect updates to RAD requirements.