Public Housing Operating Fund Subsidy

Public Housing Operating Fund Subsidy is sponsored by U.S. Department of Housing and Urban Development. Provides operating subsidies to public housing authorities, including the Housing Authority of the City of Orlando, to support the maintenance and operation of public housing units.

Operating Fund | HUD. gov / U.S. Department of Housing and Urban Development (HUD) This Website serves to link professionals working in public housing with program requirements, supplemental guidance, announcements of related training opportunities, and other helpful materials associated with the public housing Operating Fund.

In contrast with funding PHAs at the entity level (pre-asset management), the final rule establishes a system of project-based funding, one of the first building blocks of asset management. Under project-based funding, PHAs will complete a separate subsidy form for each project. A major component of a project's subsidy calculation will be its Project Expense Level, or PEL.

The PEL is a model-generated estimate of the cost to operate the project, excluding utilities and taxes.

It is based on the costs of operating other federally-assisted housing projects with similar characteristics (building type, location, number of bedrooms per unit, etc.) Calendar Year (CY) 2026 Subsidy Processing Calendar Year (CY) 2025 Subsidy Processing Calendar Year (CY) 2024 Subsidy Processing Calendar Year (CY) 2023 Subsidy Processing Calendar Year (CY) 2022 Subsidy Processing Calendar Year (CY) 2021 Subsidy Processing Calendar Year (CY) 2020 Subsidy Processing Calendar Year (CY) 2019 Subsidy Processing Calendar Year (CY) 2018 Subsidy Processing Annual Contributions Contract (ACC) Per 24 CFR 982.

151, an annual contributions contract (ACC) is a written contract between HUD and a PHA. Under the ACC, HUD agrees to make payments to the PHA, over a specified term, for housing assistance payments to owners and for the PHA administrative fee. The ACC specifies the maximum payment over the ACC term.

The PHA agrees to administer the program in accordance with HUD regulations and requirements. The ACC is the mechanism through which the PHA receives funding, defines the agency's obligations, and outlines remedies for default. Should there be a default, HUD will pursue remedial actions.

Obligations under the ACC include but are not limited to: Depository Agreements and General Fund Books of account, records, and government access Notices, defaults, and remedies HUD-53012 Annual Contributions Contract ( . pdf ) ( .

doc ) (2023) HUD-53012-A Consolidated Annual Contributions Contract, Part A Terms and Conditions (1995) HUD-53012-B Consolidated Annual Contributions Contract, Part B Additional Terms and Conditions (1995) Consolidated Annual Contributions Contract (1969) Along with project-based funding, PHAs will be required to undertake project-based budgeting, the next building block of asset management.

Essentially, project-based budgeting means that operating budgets will now be completed at the project-level as opposed to the PHA or entity-wide level. Primarily, project-based budgets will be used for internal PHA planning purposes. Project-based budgets must be approved by the PHA's Board prior to the start of each fiscal year.

However, these budgets will not be subject to HUD approval, except in the case of non-performing properties. HUD does prescribe a specific budget format although the budget should reconcile to the updated Financial Data Schedule or FDS. The third core reform under asset management is project-based accounting.

Project-based accounting provides the ability to track financial performance at the project-level. Ultimately, project-based accounting provides the necessary information to make effective decisions at the project-level. As with other federally-assisted housing programs, PHAs will be required to submit to HUD year-end financial statements on each project.

These financial statements will include revenue, expense, and balance sheet items. Further, PHAs will only be able to charge projects for services actually received. For example, in accounting for project costs, PHAs will not be permitted simply to spread the cost of central maintenance across projects.

Lastly, any overhead fees and any fees for centrally-provided property management services, must be considered reasonable. This means that the costs must not exceed what other efficient operators would incur for those same services in the local market.

Special Instructions for Preparing Financial Data Schedules for Moving to Work Agencies Guidance on Asset Management Provisions in the Consolidated Appropriations Act, 2008 Special Year-End Financial Reporting Issues for Demolition/Disposition Projects (08-17-2009) Capital Fund Stimulus Grant Reporting Clarification of Phase-in-Fees (11-24-2008) Financial Data Schedule Line Definition Guide , November 2008 (Updated May 2012) FASS PH - Excel Version of the Financial Data Schedule PIH Notice 2007-9 - Updated Changes in Financial Management and Reporting for Public Housing Agencies Under the New Operating Fund Rule (24 CFR Part 990), issued April 10, 2007.

PIH Notice 2007-9 Supplement to Financial Management Handbook Office of Public and Indian Housing (PIH) Revised April 2007 PIH Notice 2007-9 Comments Schedule of Key Asset Management Provisions Operating Fund Federal Financial Report (SF-425) Submission Process 2025 Schedule of Management Fees 2024 Schedule of Management Fees 2023 Schedule of Management Fees 2022 Schedule of Management Fees 2021 Schedule of Management Fees 2020 Schedule of Management Fees 2019 Schedule of Management Fees 2018 Schedule of Management Fees 2017 Schedule of Management Fees 2016 Schedule of Management Fees 2015 Schedule of Management Fees 2014 Schedule of Management Fees 2013 Schedule of Management Fees 2012 Schedule of Management Fees 2011 Schedule of Management Fees 2010 Schedule of Management Fees 2009 Schedule of Management Fees 2008 Schedule of Management Fees Table of Fees Under Asset Management Catch Up Management Fee Guidance As part of asset management, PHAs must also convert to project-based management (PBM), the forth building block of asset management.

As stated in 24 CFR 990.

275: PBM is the provision of property-based management services that is tailored to the unique needs of each property, given the resources available to each property, Under PBM, [these] property management services are arranged, coordinated or overseen by management personnel who have been assigned responsibility for the day-today operation of that property and who are charged with direct oversight of operations of that property.

Property management services may be arranged or provided centrally; however, in those cases in which property management services are arranged or provided centrally, the arrangement or provision of these services must be done in the best interest of the property, considering such factors as cost and responsiveness.

HUD Approved Public Housing SIRPs The First Year of Asset Management-Examples for PHAs 11-17-2008 Property Management Profiles - v3.

0 PIH Notice 2008-16: Guidance on Asset Management Provisions in the Consolidated Appropriations Act, 2008 Public Housing Energy Branch Public Housing Portal Webpage Operating Fund Financing Program Guidance Operating Reserves Calculation Guidance Worksheet (MS-Excel) Use of Public Housing Funding to Support Internet Connectivity for Residents (1/19/21) PIH Information Resource Center Housing Opportunity Through Modernization Act of 2016 (HOTMA) Section 103 Reporting - Public Housing Over-Income and Waiting List CY 2024 Report