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VMS Calendar Year Reconciliation

Dec 15
Registered individuals can access course links in their account dashboard.

The Voucher Management System (VMS) is HUD’s primary system to monitor and manage the Housing Choice Voucher (HCV) program. The VMS collects PHA data that enables HUD to fund, obligate, and disburse funding in a timely manner. In this session, we will discuss the topics shown below.

  • HUD’s schedule for PHAs to make final corrections to 2026 VMS data to ensure that agencies maximize their 2027 HAP funding potential;
  • The relationship between 2027 funding levels and 2026 VMS data, including a review of HUD’s reconciliation and funding exhibits;
  • HUD’s program rules around over-leasing and the use of HAP funds;
  • Using the Two-Year Tool (TYT) to estimate an agency’s 2027 HAP funding; and
  • Procedures to ensure VMS reporting is accurate.

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