HUD Extends CSP Capital Project Completion Deadline
In response to advocacy by LeadingAge National and other stakeholders, the U.S. Department of Housing and Urban Development (HUD) has extended the deadline to complete capital projects eligible for fourth-round COVID-19 Supplemental Payments (CSPs) to Aug. 30, 2022. The deadline extension will help affordable senior housing providers who were previously approved for fourth-round CSPs to complete eligible capital projects, including installation of internet infrastructure, backup generators, and indoor air system upgrades throughout their portfolios.
Members should note that the deadline extension applies only to owners who received notification of conditionally approved CSP amounts for Category B: Eligible Capital Expenses in response to a CSP request submitted in November 2021. Impacted owners do not need to take any further action to request the deadline extension; the Aug. 30th deadline will automatically apply.
HUD also anticipates sharing the DocuSign method for certifying capital project completion in the coming weeks. With eligible capital projects completed by Aug. 30th, certification of completion must now be submitted by Sept. 7th, although properties are encouraged to submit as soon as they are able.
More information will be available from LeadingAge National here. As a reminder, any member can stay up to date on national news affecting affordable senior housing providers by emailing Juliana Bilowich (jbilowich@leadingage.org) or Linda Couch (lcouch@leadingage.org) to join the LeadingAge National Housing Network.
Contact: Annalyse Komoroske Denio, akomoroskedenio@leadingageny.org, 518-867-8866