HUD Publishes PIH Notice 24:25 - Public Housing Operating Subsidy Grant Eligibility Calculations and Processing for Calendar Year (CY) 2025

• By: admin
• On: 08/02/2024 10:06:42
• In: PIH Notices

 

Special Attention of: Public Housing Agencies Public Housing Hub Office Directors Public Housing Program Center Directors  Regional Directors  Field Office Directors and Resident Management Corporations

Notice PIH 2024-24 Issued: August 2wa, 2024 Expires: This notice remains in effect until amended, superseded, or rescinded  Cross References:  Notices: PIH-2011-65; PIH-2011-69; PIH 2014-24; PIH 2018-19; PIH2020-03; PIH-2020-05; PIH-2021-30; PIH-2021-37; PIH-2022-32; PIH-2022-36; PIH-2023-17; PIH2023-25; PIH-2024-03 Regulations: 24 CFR part 905; 24 CFR 905.300; 24 CFR part 903; 24 CFR part 990; 24 CFR part 970; 24 CFR part 965; 24 CFR part 964; 24 CFR 5.110; 2 CFR 200.333(b) Statutes: 44 U.S.C. 3520; 42 U.S.C. 4332(2)(C); 42 U.S.C. 1437 et seq.; Public Law 110-161; Section 209 of Public Law 115-174 Academic: Harvard Cost Study (2003)

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SUBJECT: Public Housing Operating Subsidy Grant Eligibility Calculations and Processing for Calendar Year (CY) 2025 


1. Purpose 
This Notice provides public housing agencies (PHAs) with instructions for calculating Operating Subsidy grants for CY 2025 and establishes submission deadlines. 

2. Background 
HUD provides Operating Subsidy grants for public housing at the project level on a calendar year basis. The Operating Fund Program is authorized under the United States Housing Act of 1937 (1937 Act) (42 U.S.C. 1437g). Section 1437g(e)(2)(A) of the 1937 Act mandates the HUD Secretary to establish a formula for determining the amount of assistance from the Operating Fund for a fiscal year. The Operating Fund Formula and HUD's regulatory requirements for the Operating Fund Program are located at 24 CFR part 990.

PHAs must electronically submit Operating Subsidy grant calculations for each Public Housing project identified in HUD's Inventory Management System, such as Public and Indian Housing (PIH) Information Center (IMS-PIC) or its successor Housing Information Portal (HIP). PHAs submit this information using electronic forms Operating Fund Grant: Calculation of Utilities Expense Level (Form HUD-52722) and the Operating Fund Grant: Calculation of Total Program Expense Level (Form HUD-52723), which are also known as 22/23 Forms. PHAs must observe due dates for each submission to avoid negative financial consequences. All submissions should be made through the Public Housing Portal, unless specified otherwise. 

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