HUD PBCA Contract Update

At a meeting LeadingAge New York had with HUD New York Multifamily Director, Teresa Bainton, it was announced that unless HUD is prohibited from doing so by the United States Court of Appeals for the Federal Circuit, they intend to announce the selection of Project Based Contract Administrators (PBCA) pursuant to the Notice of Funding Available (NOFA) on Thurs., Aug.1.

Currently the Housing Trust Fund Corporation (HTFC) and CGI have a temporary contract until Dec. 31, 2013. If HTFC does not receive the contract, there will be a transition period into next year.

Contact: Ken Harris, kharris@leadingageny.org, 518-867-8383, ext. 139