NAHMA HUD Update: HUD Issues Guidance for Running an Optimized HCV ProgramOctober 21, 2020 Dear NAHMA Members, HUD’s Office of Public and Indian Housing recently published Notice 2020-29, Guidance for Running an Optimized Housing Choice Voucher Program. This notice provides tools and guidance to assist PHAs in optimizing the HCV program by maximizing the number of families served, while reducing the rent burden for assisted families. The notice provides several program tools such as the Two-Year Forecasting Tool, the Payment Standard Tool, the HCV Analysis Tool and PIC Drill-Down, and the HCV Guidebook. The notice discusses the voucher program planning timeline and how to incorporate best practices to increase success rates—while noting that PHA operations and HCV clients are being significantly impacted by COVID-19 and that the recommendations will have varying levels of success. PIH Notice 2020-29, Guidance for Running an Optimized Housing Choice Voucher Program is attached and also available here. |