HUD Housing Notice § 2024-09
Revised Compliance Date: Implementation of Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) (HUD Housing Notices)
Operative Text
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
WASHINGTON, D.C. 20410–8000
ASSISTANT SECRETARY FOR HOUSING —
FEDERAL HOUSING COMMISSIONER
Special Attention of: Notice H 2024–09
Multifamily Asset Management Division Issued: 9/20/2024
Directors Expires: This Notice remains in effect until
Multifamily Contract Administrators amended, superseded, or rescinded.
Multifamily Project Owners
Multifamily Regional Center Directors Cross References: Notice H 2023–10
Revised Compliance Date: Implementation of Sections 102 and 104 of the Housing
Opportunity Through Modernization Act of 2016 (HOTMA)
1. PURPOSE
Section 6.2 of “Implementation Guidance: Sections 102 and 104 of the Housing
Opportunity Through Modernization Act of 2016 (HOTMA)” (Notice H 2023–10)
establishes a date of January 1, 2025, by which Multifamily Housing (MFH) Owners
must be in full compliance with the HOTMA final rule.1 The purpose of this Notice
2024–09 is to extend the compliance date to July 1, 2025.
2. BACKGROUND
Section 6.2 of Notice H 2023–10 requires Multifamily Housing Owners to be in full
compliance with the HOTMA final rule and HUD’s updated income and asset
documentation requirements for income certifications having an effective date on or after
January 1, 2025. This Notice however extends the compliance date to July 1, 2025. The
requirement applies to Owners participating in the programs listed in section 4
(Applicability) of Notice H 2023–10.
3. REVISION OF DATE
The compliance date stated in section 6.2 of Notice H 2023–10 is hereby revised from
January 1, 2025, to July 1, 2025.
4. FURTHER INFORMATION
For questions regarding this notice please contact MFH_HOTMA@hud.gov.
1 Housing Opportunity Through Modernization Act of 2016; Implementation of Sections 102, 103, and 104, 88
Fed. Reg., 9,600 (Feb. 14, 2023).
www.hud.gov espanol.hud.gov
Julia R. Gordon
Assistant Secretary for Housing —
Federal Housing Commissioner
2
Housing Notice § 2024-09 revises the deadline by which Multifamily Housing (MFH) Owners participating in certain HUD programs must achieve full compliance with the HOTMA final rule—specifically the income and asset documentation requirements for income certifications. The original compliance date of January 1, 2025, established in Notice H 2023-10, is extended to July 1, 2025. This change applies to income certifications with an effective date on or after the new deadline.
Plain English — not legal advice.
Under Housing Notice § 2024-09, multifamily property owners participating in the HUD programs identified in Notice H 2023-10 now have until July 1, 2025, to achieve full compliance with the HOTMA final rule's income and asset documentation requirements. Compliant operators generally update their income certification processes, staff training, and recordkeeping systems to reflect HUD's revised standards before that date. Questions about implementation can be directed to HUD's dedicated inbox at MFH_HOTMA@hud.gov.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Housing Notice § 2024-09 affects how HUD-assisted multifamily properties must document and certify tenant income and assets under the HOTMA final rule, with the updated deadline now set at July 1, 2025. Tenants in HUD-assisted multifamily housing may notice updated income certification procedures as their property comes into compliance. Those with questions about how these changes affect their housing situation can reach out to a local tenant-rights organization or contact HUD directly through the resources listed in the notice.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated October 6, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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