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Under
the new Operating Fund rule, PHAs that will experience a decline in funding can
have their losses “stopped” by demonstrating a successful conversion to asset
management, i.e., “stop-loss.” This website contains information for PHAs regarding
Stop-Loss. The Year 3 Stop-Loss application deadline is October 15,
2008. Adhere to the Year 3 Stop Loss Submission Kit which will be available
on this site within the next couple of weeks, and any current and subsequent PIH
Notices. Send two (2) copies to the Financial Management Division; send one (1)
copy to your local Field Office. In total, three (3) copies should be sent on
behalf of the PHA.
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PIH
Notice 2009-32, This notice provides information for public housing agencies (PHAs) that wish to submit documentation of successful conversion to asset management in order to discontinue their reduction in operating subsidy under the Operating Fund Program regulations (24 CFR part 990), commonly referred to as the "stop-loss" provision. This notice applies only to PHAs that: (1) lose funding under the new formula; and (2) wish to submit documentation in accordance with the requirements for Year 4
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Stop-Loss
Year 4 Submission Kit
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Stop-Loss
Year 4 Fillable Forms (All forms are in MS-Word) |
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Stop-Loss
PHA Guidance PHAs will find Stop-Loss Guidance regarding the process
to review Stop-Loss applications. PHAs will also find a Tool solely for the aid
of the contract team in conducting assessments; however, PHAs may find this Tool
useful in reviewing this check-list in preparation for an on-site review. |
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Stop-Loss
Reviewer Checklist Tool (MS-Excel) |
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PIH
Notice 2006-35, This notice amends PIH notice, PIH
2006-14 (HA), issued, March 22, 2006, to extend the application submission
deadline to qualify for the first stop-loss deadline to April 15, 2007. |
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PIH
Notice 2006-14, Operating Fund Program Final Rule: Transition Funding and
Guidance on Demonstration of Successful Conversion to Asset Management to Discontinue
the Reduction of Operating Subsidy, issued March 22, 2006. |
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Demonstrating
Successful Conversion To Asset Management: A
Site Visit to the Charlotte Housing Authority
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Supplemental Information Regarding Year
3 Stop-Loss Submissions
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Guidance
- Early Fee for Service Implementation Instructions - This is in response
to recently received questions from PHAs that are preparing their Year 1 Stop
Loss applications. (Posted: March 16, 2007) |
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Frequently
Asked Questions (Oct. 2, 2006) |
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Frequently
Asked Questions - Stop Loss Extension (Oct. 2, 2006) |
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Additional
Frequently Asked Questions Related to Stop Loss - Part I As the deadline for
Year One applications for stop loss approaches, PHAs have generated a number of
questions. (Posted: March 21, 2007) |
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Additional
Frequently Asked Questions Related to Stop Loss - Part II (Posted: April 3,
2007) | |
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