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The Department
is finalizing its preparations for calculating the Capital Fund formula for 2008.
In accordance with 24 CFR 905.10(j) it will be including performance reward funding
for PHAs designated as high performers under the Public Housing Assessment System
(PHAS) in this year’s allocation. The Department will be using PHAS designations
from the following PHA fiscal year ends: 12/31/05, 3/31/06, 6/30/06 and 9/30/06.
PHAs can validate whether they are on the High Performer list that will be the
basis for the formula calculation by reviewing the linked 2008
High Performer list spreadsheet. (MS-Excel, 199 KB)
The
spreadsheet lists only PHAs that are designated as high performers (it lists
the Housing Authority Code, the Housing Authority Name and the City/State of
the housing authority). If a PHA believes there is an error in the list, it must
submit an e-mail to PIHOCI@hud.gov no later
than February 22, 2008 to alter the calculation of the formula.
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