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Section 8 Contract Renewals
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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 November 7, 2001. 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. If you desire a copy of the Guide with all changes to-date, CLICK HERE TO ORDER A COPY. My Guide is a "pdf" file and can be read by the Acrobat Reader. The Acrobat Reader version is a compliment to the hard copy Guide, you can search for topics and words and rather than doing a laborious search through the hard copy. 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. 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 and PRAC contracts, please contact me. Contact me by phone (301-277-3465), fax (301-779-6716) or by email at alvinl.sutherlin@verizon.net and I can discuss the status of your project. References provided upon request
Date Updated: 04/22/2010 06:19:16 AM
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