HUD Issues HTF Allocation Plan Guidance

(RECAP: On April 26, HUD issued Notice CPD-16-07 providing guidance to Housing Trust Fund (HTF) grantees on the submission requirements for Fiscal Year (FY) 2016 HTF Allocation Plans. The Notice includes important information on the HTF allocation plan process, including how HUD will notify states of their allocation, required elements of the allocation plan, and guidance on revising state strategic plans and describes changes HUD has made to the consolidated plan regulations to account for the HTF allocation plan process. The Notice also details the process by which HUD will review and approve or disapprove of HTF allocation plans. States will need to review their current strategic plan to determine how the additional HTF resources will impact that plan and amend the strategic plan accordingly even if the state is not due to submit a full five-year consolidated plan in 2016.)