It's always interesting to see what makes news and what doesn't.
Five days ago on Saturday I did my first post HERE about HUD awards of Section 8 contract administration contracts for all states and I have done multiple updates since then confirming these awards and including estimates of project and unit counts by state.
To date I have seen zero additional coverage of this contract award and I confess it is a complete mystery of why these contract awards are not news:
- They cover more than 1 million units in private ownership.
- The two year contracts are likely worth close to half a BILLION dollars. (HUD had projected $289 million for contract administrators in FY 2012 budget submission).
- It seems likely that HUD will claim savings from these contracts AND translate that into additional families served or dollar savings.
- They make significant changes in where contracts are administered. NY, NJ, and MD contracts will be administered by a local housing authority in Ohio; Florida contracts will be administered in Georgia and Georgia contracts will be administered in Florida; and several states, including Oregon, will now have out of state contract administrators.
Originally created and posted by the Oregon Housing Blog.