View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

HUD/PIH RIN: 2577-AD02 Publication ID: Fall 2017 
Title: ●Voluntary Conversions of Public Housing Developments (FR-6056) 
Abstract:

Section 533 of the Quality Housing and Work Responsibility Act of 1998 (Pub. L. 105-276) amended section 22 of the United States Housing Act (42 U.S.C. 1437, et seq.) As amended, section 533 authorizes Public Housing Agencies (PHAs) to convert a development to tenant-based assistance by removing the development or a portion of the development from its public housing inventory and providing for relocation of the residents or provision of tenant based assistance to them.  This action is permitted only when that change would be cost effective, be beneficial to residents of the development and the surrounding area, and not have an adverse impact on the availability of affordable housing.  To implement this requirement, HUD published a final rule on March 21, 2006 (71 FR 14328) that provides the cost methodology that PHAs must use to determine whether a voluntary conversion would be cost effective.  HUD also released a web-based cost comparison calculator to aid PHAs in conducting the required cost comparisons.  This proposed rule will revise and replace the current (excel-based) cost-test to make it more streamlined, accurate, and usable by PHAs. This proposed rule aims to reduce regulatory burdens and requirements on PHAs that are pursuing voluntary conversion, including streamlining the administrative requirements associated with the Conversion Assessment and Conversion Plan.  

 
Agency: Department of Housing and Urban Development(HUD)  Priority: Other Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 24 CFR 972   
Legal Authority: 42 U.S.C. 1437f    42 U.S.C. 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/00/2018 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jane Hornstein
Director, Special Applications Center
Department of Housing and Urban Development
Office of Public and Indian Housing
451 7th Street SW., Room 4228,
Washington, DC 20410
Phone:312 913-8766