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Property Matters - enews Sept. 2023

August 2025

2026 Annual Inflationary Adjustments Passbook Rate

The U.S. Department of Housing and Urban Development (HUD) has published the 2026 Annual Inflationary Adjustments and Passbook Rate effective January 1, 2026. Read about it here.

 

Please note that RIHousing is still unable to use the new passbook rate in our software. If you are trying to implement the new rates, you will need to use the HUD TRACS override instructions.

2025 HOME Program Rents

HUD has released the 2025 HOME Program rents, effective June 1, 2025. Click here to view the 2025 rents.

 

Additionally, this triggers the RIHousing review and approval of your HOME Program rents. Read more about this here.

Reminders:

  • Are you and/or your property management team struggling with understanding Procorem and what your responsibilities and compliance requirements are? Are you bombarded with emails from Procorem and don’t know what to do about them? If so, please reach out to Lenore Coughlin at lcoughlin@rihousing.com o

    r your Asset Manager to arrange for a private, tailor-made training just for you and your team at your agency. Many have taken advantage of this and have gone on to be successful and in compliance. This training is free, so please reach out to Lenore as soon as possible!


  • PBCA Section 8 Property managers—reminder to maintain three (3) years of history in a tenant file. Otherwise, managers will have to retrieve the information from their archive before RIHousing goes to the site for an MOR.
  • UPDATE your property contact information. This includes all positions in your management company. Please ensure your property’s contact information is always current and accurate. Our new form allows property management to update their information themselves.
  • The correct RIHousing phone number for tenant complaints is 401-443-1616.

We'd love to hear from you!

To provide suggestions for information you would like to see in future Property Matters E-News, please email Kathy Millerick at kmillerick@rihousing.com.

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