HUD Issues HTF Allocation Plan Guidance

(RECAP: On April 26, HUD issued Notice CPD-16-07 providing guidance to Housing Trust Fund (HTF) grantees on the submission requirements for Fiscal Year (FY) 2016 HTF Allocation Plans. The Notice includes vital information on the HTF allocation plot process, including how HUD will say states of their allocation, required elements of the allocation plot, and guidance on revising state strategic plans and describes changes HUD has made to the consolidated plot regulations to account for the HTF allocation plot process. The Notice also details the process by which HUD will review and approve or disapprove of HTF allocation plans. States will need to review their current strategic plot to determine how the additional HTF resources will impact that plot and amend the strategic plot accordingly even if the state is not due to submit a full five-year consolidated plot in 2016.)

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