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HUD Previews HOTMA Final Rule to Streamline Rental Assistance Calculations
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News Preview
On Jan. 31, HUD posted a preview version of its final rule implementing the Housing Opportunity Through Modernization Act (HOTMA), which Congress enacted in 2016. HOTMA was a bipartisan bill that sought to streamline aspects of HUD’s rental assistance programs, including by making changes to resident income calculations and reviews.