North Tampa Housing Development Corp.
Improving Housing For Florida Communities
CA Quarterly Review, Summer 2011
June 20, 2011

CA review
   
In This Issue: The CA Quarterly Review | Summer 2011 - June 20, 2011
   
Florida Becomes Auto-OCAF Pilot State 2
Changes Regarding Budget Based Rent Adjustments 3
Memorandum on the Cost of LIHTC Compliance 4
What’s New on HUDClips? 4
HHS Toolkit Now Available 5
Clarification of MAHRA Funding Only 6
FY 2011 Income Limits 6
What’s New in EIV 7

A Message From the NTHDC Team

NTHDC Team

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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