Message of The Month
RHIIP Listserv Posting #429
September 19, 2019
Published for Comment:
Housing Opportunity Through Modernization Act (HOTMA)
On September 17, 2019, the Department of Housing and Urban Development published a proposed rule for the Housing Opportunity Through Modernization Act (HOTMA) of 2016. HUD is requesting comment on this proposed rule by November 18, 2019. Directions on the submission of comments are found in the Federal Register.
The proposed rule makes changes to the United States Housing Act of 1937, particularly those affecting income calculation and reviews. Sections 102 and 104 of HOTMA impact Multifamily Housing Programs.
- Section 102 changes requirements pertaining to income reviews for public housing and HUD’s Section 8 programs.
- Section 104 sets maximum limits on assets that families residing in public housing and Section 8 assisted housing may have.
Attention all property's located in Kansas
EPS, Inc. is making updates to their system that will require you to change the iMAX ID that you are sending to. Please make sure you are sending TRACS files for your property that is located in the state of Kansas, to TRACM27174 (two-seven-one-seven-four). If you have any questions, please contact your software provider for assistance.
****With the holiday season fast approaching, we need your help. Please send your information to EPS as early as you can, preferably, so you have your paper HAP and TRACS files in to EPS by the first of the month. In order for us to process your voucher, it is essential that you respond to all requests for information within a 24-36 hour time period, or it is likely that we will revise your voucher. Thank you so much for your cooperation.****