HUD released a notice today in the Federal Register to implement and request comment on several changes to the HCV and PBV programs as a result of the Housing Opportunity Through Modernization Act of 2016 (HOTMA).

The current notice implements inspection requirements for both programs, the definition of PHA-owned housing, and general changes to the PBV program. Guidance is also provided on the statutory change to the HCV housing assistance payment (HAP) calculation as it relates to manufactured housing.

The effective date of these changes is April 18, 2017, while comments are due by March 20, 2017.