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HUD/PIH RIN: 2577-AD08 Publication ID: Fall 2019 
Title: Housing Opportunity Through Modernization Act of 2016 -- Capital Fund Replacement Reserve Funds Section 109 (FR-6093) 

The Housing Opportunity Through Modernization Act of 2016 (HOTMA) changed the U.S. Housing Act of 1937 to allow PHAs to establish replacement reserves to be used for Capital Fund-eligible purposes. This rule proposes to implement to the replacement reserve, as well as, permit small PHAs to accumulate capital funds to undertake capital activities.

Agency: Department of Housing and Urban Development(HUD)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 24 CFR 905   
Legal Authority: Pub. L. 114-201    130 Stat. 782   
Legal Deadline:  None
Action Date FR Cite
NPRM  04/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Local, State 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 2577-AD03 
Agency Contact:
Robert Mulderig
Acting Deputy Assistant Secretary, Office of Public Housing Investments
Department of Housing and Urban Development
Office of Public and Indian Housing
451 Seventh Street SW,
Washington, DC 20410
Phone:202 402-4780