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HUD Publishes PIH Notice: 24-21 - HCV 2024 HAP Funding – Revised HAP Set-aside Shortfall Funding Requirements
- By: admin
- On: 06/24/2024 13:50:46
- In: PIH Notices
This notice revises the Calendar Year (CY) 2024 Housing Assistance Payment (HAP) Set-aside shortfall funding requirements.
| Special Attention of: Directors of HUD Regional and Field Offices of Public Housing Public Housing Agencies that Administer the Housing Choice Voucher Program |
Notice PIH 2024-21 Issued: June 24, 2024 Expires: This notice remains in effect until amended, superseded, rescinded. Cross References: PIH Notice 2024-16 |
SUBJECT: HCV 2024 HAP Funding – Revised HAP Set-aside Shortfall Funding Requirements
1. Purpose
This notice revises the Calendar Year (CY) 2024 Housing Assistance Payment (HAP) Set-aside shortfall funding requirements. It establishes additional public housing agency (PHA) eligibility requirements for the CY 2024 shortfall funding category, including more stringent restrictions on the issuance of vouchers, and provides updated information on the shortfall funding calculation and funding awards.
This notice supersedes Appendix E of PIH Notice 2024-16, Implementation of the Federal Fiscal Year (FFY) 2024 Funding Provisions for the Housing Choice Voucher (HCV) Program, issued May 28, 2024.
Click here to read full notice
