HOTMA: An In-Depth Review of Programmatic Changes-Handout Slides

Handout Slides - HOTMA In Depth Review

Pdf Summary

The document provides an extensive review and update on the "Housing Opportunity Through Modernization Act" (HOTMA), focusing on programmatic changes affecting housing regulations and policies within the U.S. Department of Housing and Urban Development (HUD). Signed into law in July 2016, HOTMA aims to modernize and streamline various housing programs. Key components highlighted include rules around income reviews, asset limits, housing choice vouchers (HCV), public housing (PH), and project-based rental assistance (PBRA). <br /><br />HOTMA introduces a compliance structure for Public Housing Agencies (PHAs) requiring updates to administrative plans and the timely submission of income and asset information to HUD's Housing Information Portal (HIP). The Act specifies new income and asset verification processes, including rules around what counts as income, the assessment of asset values, and the treatment of non-recurring income. Specific attention is given to improving convenience in compliance through self-certifications for assets and updates to rent and income calculation protocols.<br /><br />For over-income families in public housing, HOTMA imposes a 24-month grace period where families exceeding 120% of the area median income must be transitioned to higher rents or vacate within specified timeframes. The document outlines procedural requirements, including tenant notifications and phased rent adjustments.<br /><br />The Act encourages operational streamlining, technical corrections to regulatory references, and adjustments in payment standards for HCV families, with exceptions for special cases managed by waiver protocols. Additional emphasis is placed on supporting housing for vulnerable populations, including veterans, elderly, and disabled individuals.<br /><br />Training and compliance instructions are detailed, emphasizing the use of HUD's Enterprise Income Verification (EIV) system, non-discrimination policies, technical corrections, and implementation guidance. The guidelines are supported by published resources and tools from HUD to aid PHAs in applying these changes effectively.

Keywords

Housing Opportunity Through Modernization Act

HOTMA

housing regulations

HUD

income reviews

asset limits

housing choice vouchers

public housing

project-based rental assistance

compliance structure