Deputy Assistant Secretary Marie Head recently published a memo outlining the Department’s plans for cuts to Project Based Section 8 under Sequestration. The plan is to fund all Housing Assistance Payment contracts due during FY 2013. The strategy calls for the following:
- All Section 8 contracts expiring in FY 2013 will be renewed if eligible under current program rules and will receive full twelve month funding.
- All existing multi-year contracts that expire after FY 2013 and have anniversary dates in the first quarter of FY 2013 (October-December) will receive full twelve month funding, assuring sufficient funding to carry them into the first quarter of FY 2014.
- All other multi-year Section 8 contracts will receive less than 12-month funding, but will be provided sufficient funding to carry them into the first quarter of FY 2014.
According to DAS Marie Head, speaking at the recent LeadingAge PEAK conference, there should be no sequestration impacts on either the Project Rental Assistance Contract (PRAC) or Service Coordination programs.
Click the following link to read the full memo: PBRA Sequestration memo_March 12 2013
