In New Jersey, a small but agile agency has taken a proactive approach on financial responsibility by hosting its own financial discussion on HUD's new Section 8 rules. The purpose of the meeting was to help fortify the understanding of critical issues revolving public housing agencies in order to maximize revenue for programming.
The Housing Authority for the City of Orange (HACO) accommodated more than a dozen public housing officials at their Walter G. Alexander Complex on Monday, April 13 to prepare for the changes.
Public housing authorities from across New Jersey participated in the event, including Bayonne, Clementon, Irvington, Paterson, Pleasantville, Union County, West Orange and Woodbridge.
Brian D. Alten, Director of BDO PHA Finance, provided clarity and tips, as well as education on the new regulatory changes for Housing Choice Vouchers, which allow low-income families to choose their own affordable privately-owned rental housing.
Some additional topics included eligible and ineligible uses for Unrestricted Net Position (UNP) and tools to understand the new Section 8 rules and regulations.
OHA is a nimble agency for a two-mile city of 30,000 residents. OHA offers 250 residences, 642 Section 8 vouchers, 114 tax credit units and is constructing 42 more housing units. The City of Orange Housing Authority (OHA) embraces a progressive mission beyond offering safe and affordable housing to families and seniors.
To learn more, visit www.haconj.org