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Module 8: New Units Calculation and Submission of Operating Subsidy Training.

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Presentation on theme: "Module 8: New Units Calculation and Submission of Operating Subsidy Training."— Presentation transcript:

1 Module 8: New Units Calculation and Submission of Operating Subsidy Training

2 Objectives Define New Unit Define New Unit Correctly Place New Unit Data on Form HUD-52723 Correctly Place New Unit Data on Form HUD-52723 Understand Implications of New Units on HUD-52722 – (Rolling Base) Understand Implications of New Units on HUD-52722 – (Rolling Base)

3 Definition 990.155 990.155 Unit Added to ACC Unit Added to ACC Occupied by Eligible Family Occupied by Eligible Family Added During or After Reporting Period Added During or After Reporting Period

4 New Unit Status First Day of Month First Day of Month Last Day of Month Last Day of Month Consistency – Same for Both New Units and Unit Categorization Consistency – Same for Both New Units and Unit Categorization Assumed to be Fully Occupied for Funding Period Assumed to be Fully Occupied for Funding Period

5 Impact on HUD-52723 Eligible Unit Months Eligible Unit Months Resident Participation Resident Participation Asset Management Fee Asset Management Fee IT Fee IT Fee UEL/PEL/Formula Income UEL/PEL/Formula Income

6 Section 2, Lines 01 through 04 Unit Category LineSource Occupied Dwelling Units….. 01 PHA Provided New Units – Eligible to Receive Subsidy During the Funding Period….. 03 PHA Provided New Units – Eligible to Receive Subsidy from 10/1 to 12/31 of Previous Funding Period….. 04 PHA Provided

7 Impact on Line 01 – Occupied Dwelling Units Occupied Dwelling Units Occupied Dwelling Units Includes Only Partial Year of New Unit Data Includes Only Partial Year of New Unit Data 0 to 12 Unit Months per Unit 0 to 12 Unit Months per Unit

8 Impact on Line 03 – New Units New Units – Eligible in FY 2007 New Units – Eligible in FY 2007 Eligible for Funding but Not Reported Eligible for Funding but Not Reported Eligible for 0 to 12 Unit Months per Unit Eligible for 0 to 12 Unit Months per Unit

9 Impact on Line 04 – New Units New Units – Eligible in FY 2006 New Units – Eligible in FY 2006 Not Included in FY 2006 Funding Not Included in FY 2006 Funding Eligible for 0 to 3 Unit Months per Unit Eligible for 0 to 3 Unit Months per Unit

10 New Unit Categories Category #1: Units Added During Reporting Period (7/1/2005 to 6/30/2006) Category #1: Units Added During Reporting Period (7/1/2005 to 6/30/2006) Category #2: Units Added After Reporting Period but Before FY 2006 Final Revision (7/1/2006 to 7/15/2006) Category #2: Units Added After Reporting Period but Before FY 2006 Final Revision (7/1/2006 to 7/15/2006) Category #3: Units Added After Reporting Period and After FY 2006 Final Revision in CY 2006 (7/16/2006 to 12/31/2006) Category #3: Units Added After Reporting Period and After FY 2006 Final Revision in CY 2006 (7/16/2006 to 12/31/2006) Category #4: Units Added in Funding Period (1/1/2007 to 7/15/2007) Category #4: Units Added in Funding Period (1/1/2007 to 7/15/2007)

11 Category #1: Units Added During Reporting Period

12 Category #2: Units After Reporting Period Prior to FY 2006 Final Revision

13 Category #3: Units Added After Reporting Period and After FY 2006 Final Revision

14 Category #4: Units Added During Funding Period

15 Impact on HUD-52722 Need to Annualize New Unit Consumption Need to Annualize New Unit Consumption Rolling Base Changes Rolling Base Changes Multi-Year Impact Multi-Year Impact

16 Impact on HUD-52722 New Unit Revisions No Changes to HUD-52722 Due to New Unit Revisions No Changes to HUD-52722 Due to New Unit Revisions New Units Added After Reporting Period do not require update to UEL Calculation New Units Added After Reporting Period do not require update to UEL Calculation UEL is PUM Base, Utility Expense Funded through EUM Increase UEL is PUM Base, Utility Expense Funded through EUM Increase

17 Section 1 – General Information Unit Change Indicator Box Unit Change Indicator Box

18 HUD-52722 Impacted Line Items Line Item Line Impact by Year Actual Consumption…. 01 Year 1 to Year 5 Actual Consumption for New Units….. 07 Year 1 and Year 2 Annualization of Consumption for New Units 14 Year 1 Only Rolling Base Year 1….. 02 Year 2 to 5 Rolling Base Year 2….. 03 Year 3 to 5 Rolling Base Year 3….. 04 Year 3 to 5

19 Section 2 – Current Consumption Line 1 – Actual Consumption Line 1 – Actual Consumption Matches Reporting Period (7/1/2005 to 6/30/2006) Matches Reporting Period (7/1/2005 to 6/30/2006) Includes New and Existing Unit Consumption Data Includes New and Existing Unit Consumption Data

20 Section 3 – Rolling Base Consumption Line 7 – Actual Consumption for New Units Line 7 – Actual Consumption for New Units New Consumption Data is added to Rolling Base New Consumption Data is added to Rolling Base

21 Section 6 – Payable Consumption Line 14 – Annualization of Consumption for New Units Line 14 – Annualization of Consumption for New Units Estimates missing new unit consumption data from reporting period Estimates missing new unit consumption data from reporting period Line 7 + Line 14 should equal 12 months of consumption Line 7 + Line 14 should equal 12 months of consumption

22 HUD-52722 Additional Reporting Requirements Consumption Data attached with HUD- 52722 Consumption Data attached with HUD- 52722 Consumption Estimate Methodology attached with HUD-52722 Consumption Estimate Methodology attached with HUD-52722

23 Section 3 – Rolling Base Consumption Does not include New Unit Utility Consumption Data Does not include New Unit Utility Consumption Data

24 Impact on Rolling Base Year 1 - New Units Added No New Unit Consumption Data reported in Rolling base No New Unit Consumption Data reported in Rolling base Use Line 07 – Actual Consumption for New Units Use Line 07 – Actual Consumption for New Units

25 Impact on Rolling Base Years 2 to 5 After New Units Added Line 2 (Rolling base year 1) = Partial Year Data Line 2 (Rolling base year 1) = Partial Year Data Report zero in rolling base year 1Report zero in rolling base year 1 Use Line 7 – Actual Consumption for New UnitsUse Line 7 – Actual Consumption for New Units Line 2 (Rolling base year 1) = Full Year Data Line 2 (Rolling base year 1) = Full Year Data Rolling base year 1 as reportedRolling base year 1 as reported Rolling base year 2 or 3 as reported or previous rolling base yearRolling base year 2 or 3 as reported or previous rolling base year Line 7 equals 0Line 7 equals 0

26 Deletion of Consumption Data Example Unit is added to the ACC and occupied by an eligible family on February 1, 2006 Unit is added to the ACC and occupied by an eligible family on February 1, 2006 Unit consumed 50 kwh of electricity consumption during reporting period Unit consumed 50 kwh of electricity consumption during reporting period Unit is expected to consume 120 kwh of electricity consumption annually Unit is expected to consume 120 kwh of electricity consumption annually

27 Adjustments to HUD-52722 New Unit Consumption Data Line Item FY 2007 (7/1/05 to 6/30/06)FY 2008FY 2009FY 2010FY 2011 Line 1 - Actual Consumption50115130140150 Line 2 - Rolling Base Year 100115130140 Line 3 - Rolling Base Year 200115 130 Line 4 - Rolling Base Year 300115 Line 7 - Actual Consumption for New Units50115000 Line 14 - Annualization of Consumption for New Units700000 Full Year of Data Partial Year of Data Adjustment

28 Exercise 6 Refer to “New Units – Exercise 6” and forms HUD-52723 and HUD-52722 Refer to “New Units – Exercise 6” and forms HUD-52723 and HUD-52722


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