NAHMA HUD Update: Impact of Rising Utility Costs on Residents of Multifamily Housing Programs
March 4, 2022
Dear NAHMA Members,
Please see the announcement below from the Office of Multifamily Housing that includes helpful information and resources for managers/owners to maintain compliance with HUD’s utility allowance calculation requirements and to improve energy efficiency at multifamily properties.
For more information, please view the announcement below.
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Impact of Rising Utility Costs on Residents of Multifamily Housing Programs
The U.S. Department of Energy forecasts a three-year high in 2022 for average residential utility costs across the U.S. that may affect families who pay for some or all of their household’s utility bills.
In response, the Office of Multifamily Housing has developed this flyer that includes helpful resources for owners and agents to maintain compliance with HUD’s utility allowance calculation requirements and to improve energy efficiency at Multifamily properties.
For more information, please contact your local HUD office or Contract Administrator with questions about utility allowances.
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