Revised HUD Handbook 4350.3, REV-1, Change 4 Posted

HUD posted on the Mulifamily Housing Rental Housing Integrity Improvement Project (RHIIP) listserv that the revised transmittal for HUD Handbook 4350.3, REV-1, Change 4 has been posted to HUDCLIPS.  In response to requests (including from LeadingAge) for a handbook implementation period, the Department is delaying the implementation of the requirements found in Change 4 until Dec. 15, 2013.  Owners/management agents will also have until March 1, 2014, to implement any change that requires modifications to TRACS software.

In addition to the revised implementation period, the revised transmittal identifies the removal of all appendices associated with Chapter 9 of HUD Handbook 4350.3 REV-1, Change 3.  Specifically the following appendices found in Change 3 have been removed:  Appendix 7-A, Appendix 7-B, Appendix 8, Appendix 9, Appendix 10 A, Appendix 10 B, Appendix 10 C, Appendix 10 D, Appendix 11, Appendix 12, and Appendix 13 (the old Appendix 14 is now Appendix 7).  Further, small clarifications to verification techniques were made in paragraphs 5-13.B.2 and 9-10.A, Appendix 3 has been updated to match the verification requirements found in the rest of the handbook, and typographical errors identified by the industry have been corrected.

The file that contains the entire handbook is currently being completed.  A link to this document will be posted when complete.

Contact: Ken Harris, kharris@leadingageny.org, 518-867-8835