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HUD/PIH RIN: 2577-AD12 Publication ID: Spring 2022 
Title: Public Housing Agency (PHA) Operating Fund Financial Management and Central Office Cost Center (FR-6323) 
Abstract:

The proposed rule would better implement Federal financial management requirements within the Operating Fund program and address HUD OIG’s recommendations related to the Central Office Cost Center (COCC). Specifically, this rule would clarify the applicability of 2 CFR part 200 to the Operating Fund grant program, and stipulate financial management requirements for the program. The rule would clarify program income requirements, address the applicability and cadence of reporting for the SF-425, and make other changes to update program financial management, Further, the rule would articulate the eligible uses of funds that PHAs pay to the COCC, the type and amount of fees that a PHA’s COCC are permitted to charge the programs, and HUD’s process for assessing the reasonableness of the fee rates. The rule would create restrictions on the appropriate and prohibited uses of COCC funds. The proposed rule also would establish limits and constraints on section 8 & 9 program (Housing Choice Voucher, Operating Fund and Capital Fund) fees paid to the COCC.

 
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 
CFR Citation: 24 CFR 983    24 CFR 990   
Legal Authority: 42 U.S.C. 1437f    42 U.S.C. 1437g   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2022 
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:
Quincy Riley
Supervisory Assessment Manager
Department of Housing and Urban Development
Office of Public and Indian Housing
451 Seventh Street,
Washington, DC 20410
Phone:202 475-8799