Section 8 Contract Renewals
HUD replaced HUD Notices
H98-34, H99-08, H99-15, H99-25, H99-32, H99-36, H00-12 & H00-21 with the
Section 8 Renewal Policy guide book (PDF), revised on March 1, 2017.
The Guide is in a Portable Document File (PDF) format. The file can only
be read by an Acrobat Reader.
Highlights
This document applies to all
Multifamily Housing Projects with expiring project-based Section 8 assistance
contracts, unless otherwise noted. It does not apply to Moderate Rehabilitation
projects, Section 8 project-based certificate contracts, Section 8 project based
voucher contracts or former Section 23 projects administered by the Office of
Public and Indian Housing or to any projects administered by the Office of
Community Planning and Development.
There have been
several changes to the original November 7, 2001 publication of the Section 8
Contract Renewal Policy Guide.
Nonprofit Owners
Nonprofit owners,
especially Section 202 project owners, should take note of a special provision
in Section 8 Renewal Policy guide book. Section 8 contracts executed under
this Notice, give nonprofit owners the option of submitting a BUDGET - BASED
RENT INCREASE FOR CAPITAL REPAIRS.
PRAC
Contract Renewals
Renewal of Expiring Project
Rental Assistance Contracts (PRACS) for Projects Under the Section 202 Program
of Supportive Housing for the Elderly and the Section 811 Program of
Supportive Housing for Persons with Disabilities
The Departments of Veterans Affairs
and Housing and Urban Development and Independent Agencies Appropriations Act of
2002 has issued separate instructions authorized the
Department to renew expiring PRACS for a term of one year. These guidelines
provide instructions for renewing expiring Project Rental Assistance Contracts
for Section 202 and Section 811 projects.
Rent Supplement and RAP
Contracts
Rent Supplement and Rental Assistance Payments (RAP)
are Housing Assistance Payment (HAP) Programs that are different HAP programs;
e.g., Section 8, Enhance Vouchers, Regular Vouchers, in their self, that deserve
a discussion separate from other HAP Programs.
Further, HUD proposed a Rental Assistance
Demonstration in the FY 2012 Budget to convert the expiring RS & RAP contracts
to long term Section 8 Contracts.
Currently
by Law, HUD can ONLY allow extensions of RS and RAP Contracts for up to one year
on expiring Rent Supplement and RAP contracts that are set to expire on or after
April 15, 2011, but not later than September 30, 2011.
Consulting Services
I provide
consulting services nationwide for preparation of proposals for renewal of
Section 8 contracts and PRAC.
If you
need assistance in preparing proposals for renewal Section 8 or PRAC contracts,
please contact me.
Contact
me by phone
301-277-3465
or by email at
alvinl.sutherlin@verizon.net
and I can discuss the status of your project.
My Resume
See
Testimonials from Clients
Date Updated:
09/27/2023 03:40:46 AM
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