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HUD Publishes HOMEfires Vol. 13, No. 2: Guidance on How to Establish Utility Allowances for HOME-Assisted Rental Units

HUD has published HOMEfires Vol. 13, No. 2: Guidance on How to Establish Utility Allowances for HOME-Assisted Rental Units.

This issue of HOMEfires explains the utility allowance (UA) requirement in the 2013 HOME Final Rule, the effective date of the requirement, and its applicability to HOME-assisted rental units. It also reviews the HUD Utility Schedule Model (HUSM) and identifies several other methodologies that meet the HOME regulatory requirements including the HUD Multifamily Housing Utility Analysis, a Utility Company Estimate, a Low Income Housing Tax Credit (LIHTC) Agency Estimate, or an Energy Consumption Model.

 
            
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