HOTMA: An In-Depth Review of Programmatic Changes-Presentation - HOTMA An In-Depth Review of Programmatic Changes

Presentation - HOTMA An In-Depth Review of Programmatic Changes

Pdf Summary

The document provides an in-depth review of the Housing Opportunity Through Modernization Act (HOTMA) and its impact on housing and redevelopment programs. Key features of HOTMA, signed into law in July 2016, include programmatic changes effective from January 2024, targeting legislative objectives, agency plans, and compliance deadlines. The document, created by the National Association of Housing & Redevelopment Officials, is aimed at housing specialists, eligibility technicians, and program supervisors.<br /><br />The review highlights several changes and updates, particularly in the Housing Choice Voucher (HCV) and Project-Based Voucher (PBV) systems, as well as updates to multifamily housing programs. It discusses critical final rules related to income reviews, asset limits, over-income regulations, and the implementation timelines for these rules. Compliance actions required by public housing agencies (PHAs) and the impact of technical corrections in the voucher program language are detailed. The guide stresses the importance of updating policies to keep compliant with HUD regulations, particularly concerning income exclusions, rent calculations, and tenant selection plans.<br /><br />Additionally, the document outlines the need for authorized training in income verification, annual re-examinations, and interim reviews according to HOTMA regulations. It emphasizes understanding the legislative background, and required updates to PHA administrative plans, and outlines the steps for calculating family income including asset exclusions, reasonable accommodations, and the eligibility definitions for families. <br /><br />Key objectives include exploring programmatic changes, engaging with compliance strategies, and providing technical assistance for effective implementation of the HOTMA final rule. Participants of the training are encouraged to ask questions, avoid acronyms, and engage with the material fully to ensure accurate knowledge transfer and application.

Keywords

Housing Opportunity Through Modernization Act

HOTMA

housing programs

redevelopment

Housing Choice Voucher

Project-Based Voucher

compliance

income verification

public housing agencies

HUD regulations