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HUD has just released the instructions for renewing Project Assistance Contracts (PACs) for Fiscal Year (FY) 2014. The instructions provide guidance to the field for processing PAC renewals for FY2014. The expiring PACs may be renewed for a period of one year only. Headquarters sent the instructions to the field offices on February 19, 2014. The memorandum and the FY 2014 contract are available on the HUD website at http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/mfh/mfhsec8.