HUD Update: 4350.3 REV-1 Change 4 Revisions Issued

HUD has posted the 4350.3 Change 4 Revisions to HUDCLIPS. These changes are dated  November 27, 2013.

According to the Revised Transmittal:

“The changes are effective August 7, 2013. In response to Multifamily Housing’s business partner requests, owners/management agents have until December 15, 2013, to implement the changes found in this publication. Additionally, owners/management agents have until March 1, 2014, to implement those changes requiring modifications to their TRACS software. If requested, HUD may permit an exception to the March 1, 2014, date if there are modifications that cannot be made by this date due to incompatibility with HUD’s TRACS software.”

NAHMA will review these revisions in consultation with our Regulatory Affairs Committee. In the meantime, here are a couple highlights which may be of interest to NAHMA members:

· Eligibility of Students for Section 8 Assistance was revised to align with HUD’s current regulation, and a paragraph was added for clarification;

· Violence Against Women Act (VAWA) provisions are limited to Section 8.

The Transmittal Notice can be read in its entirety here or in the attachment.