On December 10, 2024, the Rural Housing Service (RHS) Office of Multifamily Housing (MFH) announced an updated Form RD 3560-8 Tenant Certification for the July 1, 2025, implementation of the changes to income and asset calculations due to the Housing Opportunity Through Modernization Act (HOTMA).
On October 3, 2024, RHS Multifamily Housing extended the implementation of applicable HOTMA regulations to July 1, 2025. Effective on or after July 1, 2025, all MFH tenant certifications must comply with HOTMA requirements.
Rural Development has updated Form RD 3560-8 Tenant Certification to accommodate HOTMA changes. The revised Form was published on December 06, 2024, and is available on the United States Department of Agriculture’s (USDA) eForms website.
Since tenant certifications can be submitted to the Agency up to 90 days before their effective date, please note the following:
- The updated Form RD 3560-8 is for tenant certifications with an effective date of July 1, 2025, or after.
- The previous Form RD 3560-8 has been renamed Form RD 3560-8A and will be used for tenant certifications effective before July 1, 2025.
- Both forms can be found on the eForms website.
For previously published Rural Development guidance related to HOTMA, please refer to the following:
- Unnumbered Letter published March 4, 2024
- Unnumbered Letter published August 19, 2024
- MFH Stakeholder Announcement HOTMA Implementation update October 3, 2024
- Unnumbered Letter published November 14, 2024 (Passbook Savings Rate update)