The Executive Office of Housing and Livable Communities (EOHLC) released the Fiscal Year 2026 budget guidelines yesterday. These guidelines authorize a 5% increase in ANUEL over FY25 levels, alongside several other initiatives and adjustments. Notably, the budget guidelines also include a 3% maximum increase to administrative salaries line, a 3% increase to the maintenance salaries line, and a Quick Turnover Pilot which will allow LHAs that reach certain metrics to be eligible for an increase to their Formula Funding. The FY26 budget guidelines also include a 2% increase to maximum unit-based Executive Director salaries with board approval. EOHLC also announced that the upgraded HAFIS system will be rolled out in the FY26 budget cycle, with more details to come. You can review the full budget guidelines and attachments at the link below. |