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HUD Published PIH 25-14: Guidance on the Administration, Accurate Reporting, and Use of Public Housing Operating Funds
- By: admin
- On: 05/22/2025 15:32:28
- In: PIH Notices
This Notice provides guidance on requirements and best practices for Public Housing Agencies when administering Public Housing Operating Funds, including guidance on options for the structure of centralized accounts from which to pay various program expenses.
| Special Attention of: Public Housing Agencies (PHA); Public Housing Hub Office Directors; Public Housing Program Center Directors; Regional Directors; superseded, or rescinded Field Office Directors; Cross References: Resident Management Corporations |
Notice PIH 2025-14 (HA) Issued: May 22, 2025 Expires: This notice remains in effect until amended, superseded, or rescinded. Cross References: 2 CFR part 200 24 CFR § 902.79 24 CFR § 905.300 24 CFR § 990.325 24 CFR § 5.801 PIH Notice 96-33 (HA) PIH Notice 2016-18 (HA) PIH Notice 2018-03 (HA) PIH Notice 2024-25 Supplement to HUD Handbook 7475.1 REV., CHG-1, Financial Management Handbook |
SUBJECT: Guidance on the Administration, Accurate Reporting, and Use of Public Housing Operating Funds
1. Purpose
This Notice provides guidance on requirements and best practices for Public Housing Agencies (PHAs) when administering Public Housing Operating Funds, including guidance on options for the structure of centralized accounts from which to pay various program expenses. This Notice also restates and clarifies the permissible uses of Public Housing Operating Funds and provides guidance on the proper reporting of and controls over cash and investments, interfund interprogram and affiliate receivable/payable activity, and possible sanctions for PHAs related to the ineligible use of such funds (see Section 5). This Notice reiterates PHAs' responsibilities regarding the uses of centralized payor accounts.
Click here to read full notice
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