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Frequently Asked Questions for Section 8 Contract Administration: HUD/WHEDA Responsibilities
Other QuestionsRenewals Why do I send some of my information to HUD and some to WHEDA? HUD is still handling some aspects of your development, specifically as the items relate to the mortgage servicing (including reserves). WHEDA's role is to ensure that the developments are in compliance with the Section 8 program and related responsibilities. When in doubt, feel free to contact us and we will be glad to help you. Who processes my requests to
draw funds from my reserves? This process will not change. In most instances reserve requests will still require approval of HUD, Rural Housing Service, and/or your mortgagee. Who processes my Transfer of Physical
Assets (TPAs)? HUD will continue to process transfers of physical assets. Who approves management
certifications? HUD will continue to handle these approvals. What should I do when my
bank account changes? We need a new Automatic Clearing House (ACH) Agreement completed when bank account information changes. Please allow 30 days for processing the new information.
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