The impact of government shutdown on HCV Landlords
To HCV landlords:
The U.S. Department of Housing and Urban Development (HUD) is among nine federal agencies impacted by the government shutdown. HUD provides 100% of the funding to agencies that administer the Housing Choice Voucher (HCV) program. It is through this formula allocation that the federal government provides budget authority to issue Housing Assistance Payments (HAP) to private market landlords who make units available for families participating in the HCV program. As you already know, these are some of our city’s most vulnerable people; many are seniors on fixed-incomes, people with disabilities and families with children.
The partial shutdown of the federal government, if continued, may delay future Housing Assistance Payments to landlords. We have previously been informed that HUD’s current funding levels will allow for timely HAP disbursements to private market landlords through the month of February 2019. We recently sent out a notice advising HCV landlords to be prepared in the event the government shutdown continued because of the uncertainty of the March payment. We will keep you informed as we receive more information. Within the past few days, the federal government has reopened. With this new development HACEP received notification from a reliable industry source that HUD will be will making funds available for March 2019 and should be communicating with all public housing regarding funding very soon.
As previously mentioned, HACEP will post information regarding any interruptions or the availability of funds on the HACEP website. Please feel free to contact us if you have any questions.