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Suspension of the Requirements Contained in Chapter 9 of the Section 8 Renewal Guide

Friday, September 07, 2012

On May 18, 2012, HUD issued page changes to the Section 8 Renewal Policy Guidebook. Section 9-23, 9-24, and 9-25 of the page changes provided new procedures for appraisers should the market rents in the owner's rent comparability study (RCS) exceed 110% of the SAFMR in metropolitan areas or the FMR in non-metropolitan areas.

A number of operational issues have arisen from the implementation of these page changes and the Department is considering further revisions of the guidance.

Effectively immediately, the requirements in these section are suspended. Appraisers do not have to follow these guidelines nor can Field staff or PBCA enforce these provisions.

Click here to read the memo.

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