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HUD Revises HOME FACTS Vol. 3, No. 1: HOME Activities with Commitments in IDIS that are Over 12 Months Old with No Funds Disbursed
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HOME FACTS - Finance and Computer Technical Support
The Office of Affordable Housing Programs has revised HOME FACTS Vol. 3, No. 1.
Topic: This issue of HOME FACTS explains an important change in HUD’s treatment of HOME activities with commitments in the Integrated Disbursement and Information System (IDIS) that are over 12 months old with no funds disbursed. Effective with IDIS Release 11.7 in March 2014, these activities are automatically cancelled by IDIS on a daily basis and the funds uncommitted, following the process described below. All previous guidance is obsolete.
View HOME FACTS Vol. 3, No. 1: HOME Activities with Commitments in IDIS that are Over 12 months Old with No Funds Disbursed: June, 2010 (Revised February, 2014).
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