NAHMA HUD Update: HUD Operating Funds Available for COVID-19 Supplemental Payments for PropertiesJuly 23, 2020 Dear NAHMA Members,
Today the Department of Housing and Urban Development’s published Notice H 20-08 which announces the availability of supplemental operating funds for Section 8, Section 202, and Section 811 properties to prevent, prepare for, and respond to COVID-19. These funds are being provided via a special payment process that supplements amounts currently provided under existing Section 8, Section 202, and Section 811 rental assistance contracts administered by the Office of Multifamily Housing. HUD has recognized that owners and managers are also incurring additional operational costs to maintain their properties in decent, safe, and sanitary condition when owners have reason to believe that COVID-19 is or may be present in the community. To the extent that rent receipts and other project funds are inadequate to address these needs and meet other ongoing financial obligations, HUD is now making available additional CARES Act funds for supplemental payments to offset recent property expenditures made to combat the effects of COVID-19. The filing deadline is August 5, 2020, for owners/managers of properties assisted under these programs to be considered for COVID-19 Supplemental Payments (CSP).
Notice H 20-08, Availability of Funds for COVID-19 Supplemental Payments for Properties Receiving Project-Based Rental Assistance under the Section 8, Section 202, or Section 811 Programs is attached and can also be viewed here. |