NAHMA HUD Update: HUD Publishes Fiscal Year 2021 Fair Market Rents; CNA e-Tool DelayedAugust 14, 2020 Dear NAHMA Members, Fair Market Rents (FMRs) Today, HUD published the fiscal year 2021 Fair Market Rents (FMRs). The FMRs will be effective October 1, 2020. The notice mentions that the trend factors used to determine FY 21 FMRs include updated economic assumptions to reflect the economic downturn, due to the COVID-19 pandemic. The notice also provides how public housing authorities (PHAs) and other parties can request reevaluations of their FMRs. Comments on the notice are due Sept. 30. HUD’s FMR website can be found here. The Notice for FY 2021 Fair Market Rents is attached and can be found here. CNA e-TOOL 3.0 “GO LIVE” Is Delayed (HUD Notification)
CNA e-Tool version 3.0 is a web-based application (“Web-App”) designed for access through HUD’s IT security infrastructure called Web Access Security System (WASS) and FHA Connection (FHAC). As a precaution, the e-Tool team conducted a “pre-release” of the Web-App into the HUD IT infrastructure to test proper connectivity. While the Web-App is ready for the original launch date, the pre-release test exposed a critical discrepancy in the WASS/FHAC setup resulting in the following problems:
HUD is delaying the launch until the access issues are resolved and other planned testing completed. We expect that this delay will be not less than 30 days.
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