Policy Briefs: The Transition to Asset Management in Public Housing

Abstract

The U.S. Department of Housing and Urban Development is requiring public housing agencies (PHAs) to adopt an asset management model of operations. This article describes the conditions existing prior to the new requirement and the reasons for implementing asset management. After reviewing specific elements of the Department's asset management regulations, the article outlines potential advantages and disadvantages from the PHA perspective.

Keywords: public housing, public housing agencies, PHAs, asset management