Public Housing

Rate Reduction Incentive (RRI) FY25 Application Period Open

8.6.24

HUD has opened the FY2025 Rate Reduction Incentive (RRI) application period. The RRI is a financial incentive for PHAs that take action beyond normal public participation in rate-making proceedings, such as well-head purchases or natural gas, administrative appeals, or legal action to reduce their utility rate. PHAs can utilize this benefit through the Operating Fund.  

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