HUD has just released an UPDATED COVID-19 Q&A

New information will show “Updated 4/2/21

Important information is included to address:

  • Requiring COVID-19 testing or vaccination for residents
  • Facilitating on-site vaccines
  • CARES Act Higher Education Emergency Relief Fund (HEERF)
  • Extension for Annual Financial Statements
  • Electronic Transmission of Tenant Files to Independent Public Auditors
  • Interim Recertifications due to decrease in Tenant Rent
  • Stimulus Payments and Income
  • Personal Protective Equipment (PPE) as an allowable medical expense for residents
  • Owner/Agents ability to access Property Operating Accounts
  • Bad debts exceeding Gross Rent Potential
  • Process for releasing Debt Service Reserve Escrow