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Capital Fund Regulation Training

The Public Housing Capital Fund Program Final Rule was published in the Federal Register October 24, 2013 (Docket No. 5236-F-02), and will be effective on November 25, 2013. This new regulation combines the Capital Fund requirements for modernization and development into a single regulation. It also updates and streamlines many of the Capital Fund and development requirements, incorporates recent energy requirements, and directs more funding towards modernization. This rule along with a new Capital Fund guidebook which is under development and expected to be available in the Spring, will ensure that the Capital Fund Program is more efficiently and uniformly implemented by PHAs and managed more effectively by the HUD Field Offices.