NAHMA HUD Update:: Notice Published on COVID-19 Supplemental Payments for PBRASeptember 16, 2021 Dear NAHMA Members, The Office of Multifamily Housing published Housing Notice 2021-05, Continued Availability of Funds for COVID-19 Supplemental Payments (CSP) for Properties Receiving Project-Based Rental Assistance under the Section 8, Section 202, or Section 811 Programs. This Notice opens the fourth round of application submissions for owners to apply for funds to offset property expenditures to combat the effects of COVID-19 and the supplemental payments are available for operating cost increases that are directly related to a property’s efforts to prevent and respond to the COVID-19 pandemic, PPE, increased cleaning and sanitization, as well as air filtration expenses. A few new types of eligible expenses have also been added – including WiFi internet equipment, HVAC upgrades, and in limited cases emergency generators. Additionally, some of the financial need criteria for smaller requests will be waived. Properties projecting surplus cash are now eligible for amounts up to the Standard CSP cap for expenses incurred from April 1, 2021, to October 31, 2021 only. Please note that this is anticipated to be the final round of COVID-19 supplemental payments utilizing CARES Act funds. Owners may submit payment requests for expenses incurred through October 31, 2021, and request forms are due to HUD or the Contract Administrator by November 19, 2021. Property owners and management agents should still contact their assigned HUD Account Executive or Contract Administrator with any questions about property eligibility for a CSP. Housing Notice 2021-05 is attached and available here. To view the CSP--Round Four factsheet, click here. |