Extension of the Adjustment to Tenant Accounts Receivable (TAR) Sub-indicator under the Management Assessment Subsystem (MASS) Indicator for the fiscal year 2023 Public Housing Assessment System (PHAS) assessment cycle
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Summary
AI summary — grounded in the notice text
This notice extends a temporary adjustment to the scoring methodology for the Tenant Accounts Receivable (TAR) sub-indicator under the MASS indicator of PHAS, originally implemented in PIH 2022-02, to cover PHAs with fiscal years ending March 31, June 30, September 30, and December 31, 2023. HUD is doing this because PHAs continued to face unprecedented TAR balances and rent collection challenges into fiscal year 2023 despite the return to normal operations. HUD intends to return to the regular TAR scoring methodology for PHAs with fiscal years ending in 2024.
Key Quotes
Verbatim from the notice
“This notice extends the adjustment of the standard under the Management Assessment Subsystem (MASS) indicator for the Tenant Accounts Receivable (TAR) sub-indicator for the fiscal year 2023”
Verbatim from the notice
“HUD is continuing a temporary revision to the scoring methodology for TAR”
Verbatim from the notice
“HUD intends to return to the regular scoring methodology for TAR for PHAs with fiscal years ending in 2024”
Key Dates
- Published
- Apr 8, 2024
Programs
Supersession & Extension Chain
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