Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year 2026 Appropriations
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Summary
AI summary — grounded in the notice text
This notice implements $337 million in Federal Fiscal Year 2026 appropriations to help public housing agencies experiencing or at risk of financial shortfalls, outside the normal Operating Fund Formula. It explains how HUD determines shortfall eligibility using a primary and secondary methodology based on Months of Operating Reserves and Operating Subsidy proration, and describes the application, appeal, accounting, and reporting requirements PHAs must follow. PHAs must apply for and appeal shortfall funding through the Public Housing Portal by specific deadlines, and funds must be obligated and liquidated within defined performance periods.
Key Quotes
Verbatim from the notice
“This notice implements the Consolidated Appropriations Act, 2026 (Public Law 119-75), referred to hereafter as “the Act,” which provides a $337 million set-aside to assist public housing agencies (PHAs) experiencing or at risk of financial shortfalls.”
Verbatim from the notice
“To receive shortfall funding, PHAs on the list of eligible PHAs must apply for funding in the Public Housing Portal by 5:00 p.m. eastern time on May 5, 2026.”
Verbatim from the notice
“All appeals must be submitted in the Public Housing Portal via the Shortfall Appeals Form by 5:00 p.m. ET on May 5, 2026.”
Key Dates
- Published
- Apr 20, 2026
Compliance deadlines
- May 5, 2026Deadline (5:00 p.m. ET) for eligible PHAs to apply for shortfall funding in the Public Housing Portal.
- May 5, 2026Deadline (5:00 p.m. ET) to submit appeals via the Shortfall Appeals Form in the Public Housing Portal.
- Dec 31, 2030End of the period of performance for shortfall funds, at which point the grant agreement automatically terminates.in 1579 days