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Subsidy Voucher Forms HUD-52670 & HUD-52670A Part I

Subsidy Voucher Forms HUD-52670 & HUD-52670A Part I. TRACS Industry Meeting Update October 20, 2004. Section 8 Project-Based Subsidy FUNDING. As of Wednesday, 10/13. Overview. Changes to 52670 Summary and 52670A – Detail Voucher Forms

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Subsidy Voucher Forms HUD-52670 & HUD-52670A Part I

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  1. Subsidy Voucher FormsHUD-52670 & HUD-52670A Part I TRACS Industry Meeting Update October 20, 2004

  2. Section 8Project-Based SubsidyFUNDING • As of Wednesday, 10/13

  3. Overview • Changes to 52670 Summary and 52670A – Detail Voucher Forms • Administrative Fee Voucher submission for Traditional Contract Administrators

  4. Short-term Changes for 52670 Summary and 52670 – Detail Voucher Forms • TRACS Software Implementation • February 2005: Software Vendor • March 2005 Implementation (April 2005 Voucher) • Add New Field “Abated Units”to the MAT30, Section 2. • All Definitions for Unit Count fields for the 52670 form will be published in final. • Require printing in Landscape for Windows-based software with an exception for DOS-based software (to accommodate dot-matrix printing) to allow printing in portrait.

  5. Short-term Voucher Changes Continued . . . • Remove Signature line and disclaimer from all detail pages and ensure the voucher summary page disclaimer is inclusive of disclaimer from voucher detail page. • Allow for the printing of more than six (6) lines for the voucher detail page. • Add section-break totals and page totals to the detail pages. • Allow the printing of the detail of the Miscellaneous Accounting Requests on the detail page of the voucher detail form

  6. Traditional CA Fee Voucher Submission • Traditional Contract Administrators that participated in the 2 pilot conversions to the TRACS/LOCCS payment process and have an external administrative fee. • The CA must exist in TRACS as a participant. • A separate Fee Contract number will be established using the following naming convention: CA ID|TC|0001 example = VA901TC0001 • CA Software will have to generate the separate voucher with the minimum required fields: 1. Section Indicator 27. Total Amount of Miscellaneous 2. Record Number Accounting Requests 3. Voucher ID 41. Total Amount of Miscellaneous 4. Voucher Date Accounting Requests Approved by CA

  7. Traditional Contract Administrator Admin Fees Continued . . . CA Software must ensure appropriate security for this application of TCA Admin Fees. Funding plan based on current vouchers for Rhode Island and Virginia to Offices to CFO and Housing Budget for approval by November 15, 2004. Banking information needed for each CAID.

  8. Long-term Changes to Forms The members of the Financial Operations and Voucher Working Groups are coordinating additional long-term changes to forms HUD 52670 and 52670A Parts 1 & 2. Any future changes implemented will have to be approved by OMB. Send comments on Industry meeting discussion or additional issues regarding voucher forms to: HSNG_MF_FINANCIAL@HUD.GOV Subject: Voucher Forms

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