HUD Publishes Updated Guidance for Section 8 Project-Based Rental Assistance Contract Renewals

On March 27, 2023, HUD published a press release, notifying stakeholders that the Office of Multifamily Housing Programs released updated guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance (PBRA) program. The changes in Chapter Nine of HUD’s Section 8 Renewal Policy Guidebook are designed to streamline the contract renewal process…