Source: PHADA Advocate, Vol. 23 no. 16, September 17, 2008
Significant Changes Made to Management Indicator
On August 21, HUD published “Changes to the Public Housing Assessment System” in the Federal Register, with comments due October 20, 2008. These changes are particularly dramatic in the management indicator, but important alterations were also made to the financial one while a new indicator entitled ‘Capital Fund’ replaces the resident survey.
Although each asset management project (AMP) will now receive a score, there will be no ‘troubled’ AMPs. Troubled status can only be imposed on a housing authority as a whole for a total score which falls below 60. Agencies will no longer be troubled in a single indicator, such as financially troubled, if an indicator score falls below 60 while the total authority score remains above 60. Agencies meeting these criteria will now be referred to as substandard. These agencies will have to correct deficiencies but are not required to enter into a memorandum of agreement with the Department