WAPEL and Stop Loss

On August 23, 2006 Dan Micoff of the Detroit HUD Field Office met with several PHA's at the Ingham County Housing Commission to discuss WAPEL and Stop Loss.  Everyone left with invaluable information to assist them in the new operating fund transition as well as how to stop their losses, if applicable.  Below you will find links to the documentation provided at that gathering.

PIH 2005-34

PIH 2006-10

ACC Units

Asset Management Project Numbers

Calculation and Submission of Operating Subsidy Presentation

Definitions of Co-efficient on the web

Effective Date

Transition Calculation Data

Utility Expense Level Chart

WAPEL FAQ

WAPEL Report 2005

DEADLINE EXTENDED TO OCTOBER 15, 2007!  See www.hud.gov/offices/pih/programs/ph/am/ for information on the extended date.

The Department of Housing & Urban Development has issued a Federal Register dated Wednesday, September 6, 2006.  It is entitled Public Housing Operating Fund Program; Guidance on Implementation of Asset Management; Notice.  Although the Notice is open for comment, it is effective immediately and should be used by PHA's as guidance in the Asset Management transition.

Stop Loss FAQ's were issued by HUD on October 2, 2006.  Please take a moment to review the website for some useful information.

Information provided by Mr. Micoff of the Detroit Field Office is as follows:

Module 1 - Introduction                          Module 5 - Formula Income Final

Module 2 - Unit and Unit Months             Module 6 - Transition Policy & Completion of Form

Module 3 - Utility Expense Level (UEL)    Module 7 - Deleted Units - Final

Module 4 - Other Formula Expenses        Module 8 - New Units - Final

Stop Loss Kit

PIH 2007-9 - Financial Management Handbook

Send mail to hcwrozek@ingham.org with questions or comments about this web site.