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RD Requests Exception Apportionment of RA; MINC Users Should Delay Project Worksheets a Week
CARH'S BROADCAST E-MAIL –
Regulatory Update
November 20, 2014
Today, CARH was notified by Rural Development's (RD) national office that they are waiting for approval of the Rental Assistance (RA) exception apportionment for additional RA funds during the current Continuing Resolution (CR). RD stated that they hope to have the funds available within the next week.
In the meantime, RD has requested that MINC users hold off processing their Project Worksheets until next week.
RD needs the additional funding (over and above the traditional CR amount) as they are required to fund a full 12-month renewal with only two months of money as they do not have the authority to partially fund contracts through the CR period.
CARH will continue to keep our members informed with any updates on this situation. If you have any questions, please contact the national CARH office at 703-837-9001 or carh@carh.org.