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