CSP Round 5 Open Until Feb. 21, 2023
The U.S. Department of Housing and Urban Development (HUD) has opened the fifth and final round of COVID-19 Supplemental Payments (CSPs) for multifamily housing providers, including providers of project-based Section 8, Section 202, and Section 811. CSPs can help providers address operating cost increases incurred in preventing, preparing for, or responding to COVID-19 at their properties.
The reimbursement request deadline for this round is Feb. 21, 2023, for expenses incurred through Jan. 31, 2023. The fifth round continues to support reimbursement for the previously eligible operating costs like staffing, security, and cleaning, as well as the previously eligible capital costs like internet infrastructure and backup generator installations. In addition, resident training on use of technology to access online property management portals and supportive services and costs to enhance outdoor seating spaces that support gatherings will be newly eligible for reimbursement in the final round.
As a result of reallocations, there is less than $2 million available for Section 202 properties in the fifth round, compared to almost $140 million available for project-based Section 8 properties. HUD has indicated that it will prioritize funding operational expenses over capital expenses in this round. A more in-depth analysis from LeadingAge National staff can be found here. Providers should note that HUD is still updating its request form for the fifth round; previous versions of the request form should not be used.
The HUD Notice is available here.
Contact: Annalyse Komoroske Denio, email@example.com, 518-867-8866