The only way to make sense out of change is to plunge into it, move with it, and join the dance. Alan Watts
Many of the articles in this quarterly newsletter pertain to changes and policy clarifications HUD has recently made. Many of the changes issued affect to the Rent Adjustment Process.
Those Owners and Agents who have become accustomed to compiling and submitting an OCAF rent adjustment package 120 days prior to their contract anniversary date will rejoice. However, those Owners and Agents who have sought to have their rents renewed at the current rate (Funding Only) will be disappointed to learn that this is no longer an option.
The NTHDC staff is always available to answer any of your concerns regarding the numerous changes affecting the Amends Rents process.
Regards,
The North Tampa Housing Development Corporation
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