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EXHIBIT 2 <br />25 <br />UMLs for all the CY 2021validated VMS data available to a projection for the <br />remainder of the CY and comparing that total to the initial funded HUD- <br />VASH UMLs (limited to 100% of the PHAs UMAs), then multiplied by the <br />CY2021 PUC. <br />SUBMISSION: No additional documentation will be required or accepted other <br />thana completedand signed AppendixH. <br />2021oruntil funding isdepleted. <br />F.Category 5 Lower-than-average Leasing: To be eligible for funding under this <br />category, the PHA must be leasing a lower-than-average percentageof their <br />authorized vouchers, have low amounts of budget authority in their net restricted <br />assetaccountsandHUD-heldprogrammaticreserves,relativetootheragenciesand <br />arenot participating in theMTWdemonstration. <br />Eligibility for this category of set-aside funding will be determined using December <br />31, 2020 leasing and reserves, by first separating PHAs by size, small (0 249 units), <br />medium (250 499 units) and large (500 or more units). Second, determining the <br />average leasing as well as average reserves based on PHA size. Next, the eligibility <br />th <br />will be limited to PHAs that are below both the 25percentile of average leasing and <br />th <br />below the 25percentile of median reserves based on PHA size. Regardless of PHA <br />si <br />units. <br />PHAs must lease additional vouchers with this award. If PHAs need assistance <br />withthenumberofvouchersforreissuance,theymaycontacttheirlocalFieldoffice <br />representative. The field will be able to assist with developing a leasing plan to <br />maximize the use of this award. PHAs receiving awards under the Lower-than- <br />average Leasing category that also experience a Shortfall in CY 2021, please see the <br />list ofexceptions provided in Appendix F. <br />Note: The link that accompanies this notice provides a list of PHAs that are eligible <br />toapply forthis categoryofset-asidefunding. <br />TheawardamountwillbedeterminedbyofPHAneed. <br />SUBMISSION: To be eligible for funding under this category, a PHA must submit <br />thefollowing: <br />a.SignedAppendixHApplicationfor$110MillionSet-AsideforCategory 5 <br />Lower-than-AverageLeasing; <br />b.A written narrative that describes leasing need. This narrative will include the <br />following: <br />1.The amount of inventory of units in their jurisdiction, with the source <br />ofthis information identified; <br />2.Thetotalnumberoffamiliesontheirwaitinglist;and <br /> <br />