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The Trump Administration released the remainder of its fiscal year 2020 (FY18) budget on March 18. As noted last week, the proposal would completely eliminate all funding in FY20 for the Public Housing Capital Fund and slash funding for the Public Housing Operating Fund by almost $2 billion, a combined loss of $4.6 billion. The proposal additionally eliminates the Choice Neighborhoods Initiative, HOME, CDBG, and other programs, while adding $100 million for the Rental Assistance Demonstration (RAD) program and eliminating the cap on RAD conversions.
On March 14, HUD’s Office of Public and Indian Housing released a notice offering eligible PHAs the opportunity to apply for admission to the MTW program, as the second cohort under the expansion process.
Yesterday, CLPHA submitted comments on the Draft Revision 4 to the Rental Assistance Demonstration Notice regarding conversion of Section 202 project rental assistance contracts, which were prepared with our counsel, Reno & Cavanaugh, PLLC. The comments underscore CLPHA members’ depth of experience across all aspects of RAD and CLPHA’s unique qualifications to comment on the RAD 4 notice, and include a series of observations, suggestions, and requests for clarity of certain individual Notice provisions.