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WNIMu:1i,r <br />U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT <br />IIIIIIII Q 4,. WASBINGTON, DC 20410-5000 <br />OFFICE OF PUBLIC AND EQ N HOUSING <br />November 4, 2020 <br />Dear Executive Director <br />Subject: Housing Assistance Payments (HAP) Allocation from the Coronavirus Aid, Relief, <br />and Economic Security Act (CARES Act). <br />The Office of Housing Voucher Programs (OHVP) has evaluated and approved your <br />public housing agency (PHA) CARES Act HAP funding application for per unit cost increases <br />based on the criteria Drovided in PIH Notice 2020-17. This HAP award is described in the <br />attached Enclosure and is for the HCV Program only. <br />Your PHA must follow the accounting guidance provided in PIH Notice 2020-24 for <br />Financial Data Schedule reporting. Also, monthly housing assistance payments (HAP) expenses <br />covered by CARES Act HAP awards must be included in the regular HAP expense fields so that <br />the expenses are available for the calculation of fixture HAP monthly disbursements under cash <br />management procedures (PIH Notice 2017-06), and for Housing Choice Voucher (HCV) <br />Program HAP renewal calculations. <br />Additionally, HUD is still working on the CARES Act Portal that will be the repository <br />of CARES Act funding expenditures. In the meantime, PHAs must continue tracking CARES <br />Act HAP expenses separately for reconciliation purposes because unspent funds will not run <br />through the PHA' restricted net position (RNP). Unspent fimds will be returned to HUD after <br />the period of availability, which is December 31, 2021. <br />Please direct any questions concerning this allocation to contact your Financial Analyst at <br />the Financial Management Center. <br />Thank you for your continued participation in the HCV and/or Mainstream Programs to <br />serve the needs of your community during this critical time. <br />Sincerely, <br />I Nmy sgrol by mow Wd&W <br />Miguel A. FontAnei°"d <br />r% Mwmp�Or"mau=o.,lor <br />Raa :I sn�4gM immq <br />Miguel A. Fontanez <br />Director <br />Housing Voucher Financial <br />Management Division <br />w .hud.go2 0 B=spanol.hud.gov <br />