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EXHIBIT 2 <br />20 <br />i.PHA Eligibility. The 2021 Act provides that the cost increase must be significant, <br />as defined by the Secretary, for the PHA to be eligible for the unforeseen <br />-aide. HUD is establishing the <br />followingcriteria forsignificantcost increase: <br />Thelatestvalidated2021PUCperVMS mustbe102percentorgreater <br />(theCY2021 Renewal PUC)to beeligibleforfunding. <br />ii.Funding Award Calculations for PHAs. For PHAs (both Non-MTW and <br />MTW),thefundingaward amountwill becalculated asfollows: <br />a. <br />CY 2021 HAP renewal PUC. The increased PUC is calculated by dividing <br />HAP costs by unit months leased (UMLs) for the most recent month of total <br />HAP based on the most recent month provided by the PHA as part of the <br />HCV renewal Enclosure A, line 28, described as CY 2021 Inflated Per Unit <br />Cost. <br />amounton the <br />b. <br />and then by the remaining months in 2021 to determine the total funding <br />amount. <br />In the absence of PUC and UML data provided by the PHA, HUD will use the <br />mostrecentvalidatedVMS data availableto calculatePHAeligibility. <br />PHAExample:UnforeseenCircumstancesHAPSet-asideAward <br />In the absence of the PHA <br />providing the most recent <br />Most Recent Month's PUC <br />month'sPUC, HUDwilluse the <br />provided by the PHA (in this <br />most recent validated month of <br />1example,$500 <br />VMSreporting <br />MTW renewal enclosures have a <br />CY2021PUC(2021HCV <br />different format. PUC <br />RenewalEnclosureA,line28for <br />informationcanbe foundbythe <br />Non-MTW,describedasCY2021 <br />2$405proratedeligibilityamount. <br />InflatedPerUnitCost) <br />3DifferencebetweenthePUCs$95 <br />Is the difference between to the 2 <br />PUCs 2% or greater than the CY <br />2021PUC(Line1dividedbyLine <br />42,mustbegreaterthan1.02)?23% <br />In the absence of the PHA <br />providing the most recent <br />month's UML, HUD will use <br />themost recentvalidatedmonth <br />ofVMSreporting <br />5MostRecentMonth'sUnitsleased300 <br /> <br />