Blog
NAHMA HUD Update: HUD Issues Notice on Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year 2020 Appropriations
- By: admin
- On: 07/29/2020 15:34:18
- In: NAHMA Update
The Department of Housing and Urban Development's Office for Public and Indian Housing published Notice 2020-16, Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year (FFY) 2020 Appropriations.
HUD Issues Notice on Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year 2020 Appropriations
The Department of Housing and Urban Development's Office for Public and Indian Housing published Notice 2020-16, Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year (FFY) 2020 Appropriations. This notice implements a provision in the FFY 2020 Further Consolidated Appropriations Act which provides for a $25 million set aside of Public Housing Operating Funds to assist Public Housing Agencies experiencing financial insolvency. Specifically, this notice provides guidance regarding eligibility, the process for applying, and other requirements for the set-aside.PIH Notice 2020-16 can be viewed here.