Blog

HUD Publishes Housing Notice 2024-03: Approval and Processing of Requests to Bifurcate Contracts

This Notice explains the standards and conditions a Project Owner must meet to obtain HUD approval for a HAP contract bifurcation. It also describes the processing of approved bifurcation requests. 
 
Special Attention of:
All Multifamily Regional Center Directors
All Multifamily Satellite Office Directors
All Multifamily Asset Management Division
Directors
All Multifamily Operations Officers
All Multifamily Field Counsel
All Contract Administrators
All Multifamily Project Owners                                                                                                                                                          

 
                                                                                                                      Notice 2024-03

Issued: 01/31/2024

Expires: This notice remains in effect until amended, superseded, or rescinded. 



  

SUBJECT: Approval and Processing of Requests to Bifurcate Contracts

I. Purpose

Bifurcation entails the division of a project-based Section 8 Housing Assistance Payments (HAP) contract into two or more HAP contracts. This Notice explains the standards and conditions a Project Owner must meet to obtain HUD approval for a HAP contract bifurcation. It also describes the processing of approved bifurcation requests. 

Click here to read full notice

Contributors

    Contributors

      Member Programs


      Multi-Family Insurance Program


      Facilities Maintenance Buying Program



      2024 NAHMA Drug-Free Kids Calendar
      Order Yours Today!