www.hud.gov/offices/pih/programs/ph/am/of/transitionanalys.xls
(*You must have Microsoft Excel to view the Transition Funding Chart. After clicking on this link it will download a file to your computer. It may automatically open the file for you. Or it may give you an option to Open or Save - choose Open.)
UPDATED: 8/31/06 HUD Posted the following on the Asset Management Website:
Attention!
It is the Department's intent to issue, in the near future in the Federal Register, a rule regarding the Public Housing Operating Fund Program. The rule will modify the transition funding percentage for Federal Fiscal Year 2007 for public housing agencies (PHAs) that will experience a decline in funding between the old and new funding formulas. ALL DECLINER PHAs WILL BE CAPPED AT A 5 PERCENT REDUCTION FOR 2007 REGARDLESS OF WHETHER THEY APPLY FOR STOP LOSS. Decliner PHAs may still apply for stop loss in 2006 if they want to effect a permanent 5 percent reduction.