{"id":29766,"date":"2024-10-03T09:34:53","date_gmt":"2024-10-03T13:34:53","guid":{"rendered":"https:\/\/www.carh.org\/?p=29766"},"modified":"2024-10-03T09:34:53","modified_gmt":"2024-10-03T13:34:53","slug":"hud-bifurcating-section-8-contracts-posts-to-multifamily-drafting-table-for-public-comment","status":"publish","type":"post","link":"https:\/\/www.carh.org\/hud-bifurcating-section-8-contracts-posts-to-multifamily-drafting-table-for-public-comment\/","title":{"rendered":"HUD: Bifurcating Section 8 Contracts Posts to Multifamily Drafting Table for Public Comment"},"content":{"rendered":"<p><em>On October 2, 2024, HUD&#8217;s Office of Multifamily Housing sent out the following information and press release:<\/em><\/p>\n<p class=\"xmsonormal\" style=\"margin: 0in 0in 3.75pt 0in;\"><span style=\"font-size: 11.5pt; font-family: 'Helvetica',sans-serif;\">Today, the Office of Multifamily Housing (MFH) Programs published the <strong><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" href=\"https:\/\/www.hud.gov\/program_offices\/housing\/mfh\/MFH_policy_drafts\/Bifurcating_Section_8_Contracts\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1d5782;\">Bifurcating Section 8 Contracts<\/span><\/a> <\/strong>chapter to the <strong><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" href=\"https:\/\/www.hud.gov\/program_offices\/housing\/mfh\/MFH_policy_drafts\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1d5782;\">Multifamily Drafting Table<\/span><\/a><\/strong> for public comment, kickstarting the first set of comprehensive updates to the <strong><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" href=\"https:\/\/www.hud.gov\/program_offices\/administration\/hudclips\/handbooks\/hsgh\/4350.1\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1d5782;\">Multifamily Asset Management and Project Servicing Handbook<\/span><\/a><\/strong> since 1992.<\/p>\n<p>T<\/span><span style=\"font-size: 11.5pt; font-family: 'Helvetica',sans-serif;\">he first posted chapter, <em><span style=\"font-family: 'Helvetica',sans-serif;\">Bifurcating Section 8 Contracts<\/span><\/em>, explains the standards and conditions an Owner must meet to obtain approval from the Office of Multifamily Housing Programs to bifurcate a Section 8 Project-Based Rental Assistance (PBRA) Housing Assistance Payments (HAP) contract, and the processing of approved bifurcation requests. This chapter is intended to supersede Housing Notice <strong><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" href=\"www.hud.gov\/sites\/dfiles\/OCHCO\/documents\/2024-03hsgn.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1d5782;\">2024-03<\/span><\/a>.<\/p>\n<p><\/strong><\/span><span data-contrast=\"none\"><strong><span style=\"font-size: 11.5pt; font-family: 'Helvetica',sans-serif;\">Comments are due: Monday, November 18, 2024.<\/p>\n<p><\/span><\/strong><\/span><span data-contrast=\"none\"><span style=\"font-size: 11.5pt; font-family: 'Helvetica',sans-serif;\">Additional<\/span>\u00a0chapters will be released on a rolling basis through 2026. To receive a notification when a new handbook chapter is posted for feedback, submit a request to <strong><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" href=\"mailto:AssetManagementPolicy@hud.gov\"><span style=\"color: #1d5782;\">AssetManagementPolicy@hud.gov<\/span><\/a><\/strong>.<\/span><span data-ccp-props=\"{&quot;335559738&quot;:100,&quot;335559739&quot;:100}\"><\/p>\n<p><\/span><span style=\"font-size: 11.5pt; font-family: 'Helvetica',sans-serif;\">See the <strong><u><a style=\"-webkit-text-size-adjust: 100%; -ms-text-size-adjust: 100%;\" title=\"press release\" href=\"https:\/\/www.hud.gov\/press\/press_releases_media_advisories\/HUD_No_24_261\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #1d5782;\">press release<\/span><\/a><\/u><\/strong> for additional details.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 2, 2024, HUD&#8217;s Office of Multifamily Housing sent out the following information and press release: Today, the Office of Multifamily Housing (MFH) Programs published the Bifurcating Section 8 Contracts chapter to the Multifamily Drafting Table for public comment, kickstarting the first set of comprehensive updates to the Multifamily Asset Management and Project Servicing&hellip;<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[1],"tags":[],"class_list":["post-29766","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1","description-off"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/comments?post=29766"}],"version-history":[{"count":1,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29766\/revisions"}],"predecessor-version":[{"id":29767,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/posts\/29766\/revisions\/29767"}],"wp:attachment":[{"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/media?parent=29766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/categories?post=29766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.carh.org\/wp-json\/wp\/v2\/tags?post=29766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}