ADMINISTRATIVE PLAN - San Antonio Housing Authority

PART VIII: DETERMINATION OF INSUFFICIENT FUNDING16-VIII.A. OVERVIEWThe HCV regulations allow PHAs to deny families permission to move and to terminate HousingAssistance Payments (HAP) contracts if funding under the consolidated ACC is insufficient tosupport continued assistance [24 CFR 982.314(e)(1) and 982.454]. Insufficient funding may alsoimpact the PHA’s ability to issue vouchers to families on the waiting list. This part discusses themethodology the PHA will use to determine whether or not the PHA has sufficient funding toissue vouchers, approve moves, and to continue subsidizing all families currently under a HAPcontract.16-VIII.B. METHODOLOGYPHA PolicyThe PHA will determine whether there is adequate funding to issue vouchers, approvemoves to higher cost units and areas, and continue subsidizing all current participants bycomparing the PHA’s annual budget authority to the annual total HAP needs on amonthly basis. The total HAP needs for the calendar year will be projected byestablishing the actual HAP costs year to date. To that figure, the PHA will addanticipated HAP expenditures for the remainder of the calendar year. Projected HAPexpenditures will be calculated by multiplying the projected number of units leased perremaining months by the most current month’s average HAP. The projected number ofunits leased per month will take into account the average monthly turnover of participantfamilies. If the total annual HAP needs equal or exceed the annual budget authority, or ifthe PHA cannot support the cost of the proposed subsidy commitment (voucher issuanceor move) based on the funding analysis, the PHA will be considered to have insufficientfunding.© Copyright 2008 Nan McKay & Associates, Inc. Page 16-38 Revised/Approved 04/08/10 (Eff: 07/01/10)Unlimited copies may be made for internal use.