HUD’s Office of Multifamily Housing Programs published a draft of the Housing Opportunity through Modernization Act of 2016 (HOTMA) final rule. HUD provided links to dedicated HOTMA websites for both program offices: Multifamily Housing and Public and Indian Housing (PIH).
In addition, MF Housing also included a one-pager on the final rule and a preview version of the draft Final Rule
Per HUD, this Final Rule covers Sections 102, 103, and 104 of HOTMA:.
- Section 102: Changes requirements related to income reviews for the Public Housing, Housing Choice Voucher (HCV), and Section 8 Project-Based Rental Assistance (PBRA) programs.
- Section 103: Modifies the continued occupancy standards of Public Housing residents (does not apply to Multifamily Housing programs).
- Section 104: Sets maximum asset limits for eligibility and continued assistance in the Public Housing, HCV, Section 8 PBRA programs.