HUD: Bifurcation Housing Notice Posted on Drafting Table
On March 22, 2023 – HUD’s Multifamily Housing Asset Management sent out the following information: Multifamily Housing Partners, Today, in an effort to address complexities associated with Section 8 Project-based Rental Assistance (PBRA) Housing Assistance Payment (HAP) contract bifurcations, in which single HAP contracts are divided into two or more HAP contracts following HUD approval, the Office…