Public Housing Operating Subsidy Grant Eligibility Calculations and Processing for Calendar Year (CY) 2025
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Summary
AI summary — grounded in the notice text
This HUD notice provides public housing agencies with instructions and deadlines for calculating and submitting Operating Subsidy grant eligibility for Calendar Year 2025 using the 22/23 Forms (HUD-52722 and HUD-52723). It covers submission processes, pre-populated data, new project procedures, revision requests, appeals, and the Operating Subsidy grant calculation formula. PHA staff must follow the specified deadlines to avoid delays or denial of subsidy funding.
Key Quotes
Verbatim from the notice
“This Notice provides public housing agencies (PHAs) with instructions for calculating Operating Subsidy grants for CY 2025 and establishes submission deadlines.”
Verbatim from the notice
“A completed SF-424 must be submitted by the due date, October 22, 2024, 5:00 p.m., Eastern Time, for the PHA to receive an Operating Subsidy grant.”
Verbatim from the notice
“Operation Subsidy Eligibility = (PEL + UEL) x (EUM) + Add-ons – [Formula Income x (EUM)]”
Key Dates
- Published
- Aug 2, 2024
Compliance deadlines
- Oct 22, 2024PHA must submit completed SF-424 by this date to receive an Operating Subsidy grant
- Apr 23, 2025Deadline for Executive Directors to submit revision requests for CY 2025 Operating Subsidy grant submissions to Field Office
- Jun 2, 2025PHA must email funding request for new projects/units to local HUD Field Office
- Jun 6, 2025Field Office must complete request for a new project in the Public Housing Portal
- Jun 23, 2025HUD will deploy 22/23 Forms for new projects and notify PHAs via email
- Jun 30, 2025PHAs must submit 22/23 Forms for new projects to HUD Field Office to receive funding in CY 2025