USDA approves management fee increase

The official Procedue Notice from USDA Rural Development was released on Sept. 29, 2014, approving a management fee increase for the 2015 budgets.

For the state of Indiana, the fee will increase from $44.50 in 2014, to $46.00 in 2015.

RD HANDBOOK CHANGES
INSERT RD HB-2-3560 (WSAL)

MFH ASSET MANAGEMENT HANDBOOK

This Handbook is partially revised.  Specific revisions include:

Chapter 3:
Attachment 3-F, to reflect the Fiscal Year 2015 Management Fee. The Fiscal Year 2014 management fee is increased by the 2014 Operating Cost Adjustment Factor (OCAF) for each state. These fees will be used for the Fiscal Year 2015 budget cycle beginning January 1, 2015.

REMOVE
Chapter 3 dated 02-24-05:            
Attachment 3-F:  Pages 1 & 2.

INSERT
Chapter 3 dated 02-24-05:
Attachment 3-F revised 09-29-14.

Click here to view a list of 2015 management fees by state.

Click here to review the Procedure Notice in its entirety.

Posted in: Fair Housing, HUD, LIHTC, USDA