Calendar Year (CY) 2024 Operating Fund Grant Processing

This page includes PHAs and Field Offices' CY 2024 Operating Grant Fund Processing Information.

Operating Fund (Op-Fund) Web Portal

Login to the OpFund Web Portal to access information on CY 2024 Eligibility

• Op-Fund Web Portal Page

CY 2024 Schedule

• CY 2024 PHA Operating Funding Schedule and 2025 RRI Due Dates

Operating Fund (Op-Fund) Shortfall Funding

• Op-Fund Shortfall Funding

CY 2024 Explanation and Obligations

• Explanation of January and February Obligations
• January and February Partial Obligation Letters
• January and February Detailed Calculation Reports
• Explanation of February, March and Three Weeks of April Obligations
• Partial February, March and Partial April Obligation Letters
• Partial February, March and Partial April Detailed Calculation Reports
• Explanation of April, May and Two Weeks of June Obligations
• April, May and Two Weeks of June Obligation Letters
• April, May, and Partial June Detailed Calculation Reports
• Explanation of June (Two Weeks), July, August and September Obligations
• June (Two Weeks), July, August and September Obligation Letters
• Explanation of October and November Obligations
• October and November Obligation Letters
• October and November Detailed Calculation Reports
• December Obligation Letters

Data Collection

• CY 2024 Pre-populated non unit status data used for completing Operating Subsidy submissions (Formula Income, PELs, Inflation Factors, PILOT, Audit, ARF, Stop Loss) (PDF)
• CY 2024 Pre-populated Unit Status Data – Eligible Unit Months (First of Month or BOM) (PDF)
• CY 2024 Pre-populated Unit Status Data – Eligible Unit Months (End of Month or EOM) (PDF)

Notices

• CY24 Operating Fund Processing Notice
• Guidance on the use of Tenant Participation Funds Notice PIH 2021-16
• Inventory Management System/PIH Information Center (IMS-PIC) Sub-Module Reporting and Validation Notice PIH 2021-35
• Guidance on the Rate Reduction Incentive in Public Housing Notice PIH 2023-17
• Guidance on Energy Performance Contracts Notice PIH 2011-36
• Asset Repositioning Fee (ARF) Notice PIH 2021-37
• Property Casualty Insurance Notice PIH 2016-13

Utility Information and Guidelines

• CY2024 UEL Inflation Factors (PDF)
• Rolling Base Adjustment Guidance (PDF)
• Rolling Base Adjustment Sample Calculation (Excel)
• Energy Performance Contracting (EPC) Web Page
• EPCs: Processing COCC Adjustments for an Existing Energy Performance Contract (PDF)
• FY24 RRI Approvals (PDF)

Guidance

• Pre-pop CY 2024 PELs
• New Project Guidance
• EDSC Guidance
• CY 2024 EDSC List
• Faircloth Guidance
• CY 2024 Faircloth Limit
• CY2024 Formula Income Guidance
• JPEID Guidance
• CY2024 JPEID Adjustment Worksheet
• Guidance on Reporting by Non-Asset Management PHAs: Audit, Formula Income, and PILOT
• Transition Stop Loss Asset Management Guidance
• Appeals for Changing Market Conditions
• SAM Guidance
• Family Self-Sufficiency (FSS//) Program: ACCOUNTING BRIEF #23 contains vital information on reporting requirements for FSS (i) Coordinator Grants (CFDA #14.896), (ii) Program Expenses, (iii) Escrow Activities, and (iv) the Rental Assistance Demonstration (RAD) program

Operating Fund RAD Transfer

• FMD OFO Call Inventory Validation
• 2024 RAD Transfer

HOTMA (COMING SOON)

Operating Fund Grant Calculation Instructions and Paper Forms

Note: The Operating Fund Program only accepts the electronic forms posted below unless otherwise approved by HUD Field Offices.

• Form-HUD-52722: Operating Fund Calculation of Utility Expense Level – PHA-Owned Rental Housing (MS Word)

• Form-HUD-52723: Operating Fund Calculation of Operating Subsidy – PHA-Owned Rental Housing (MS Word)

• Form-HUD-53807: Calculation of Subsidies for Operations (Non-Rental Housing) (MS Word)

• Form-HUD-50071: Certification of Payments to Influence Federal Transactions (PDF)