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HUD Announces Management Fee Schedule Effective 5/1/2014

Monday, April 14, 2014

On April 11, 2014, Tom Azumbrado, Director of the San Francisco Multifamily Hub, issued a notice announcing the consolidated management fee schedule effective May 1, 2014.

Previously, distinct rates were issued for the San Francisco and Sacramento jurisdictions; however, this notice establishes one Basic Rate (PUPM) Fee of $52 for all of Northern California. Additionally, the Hub has created one uniform schedule of add-on fees for the entire Hub with a Maximum Fee (PUPM) of $78.

The notice further advises that Owner/Agents may address these changes at their next certification or sooner.

Read the full notice here: Northern California Management Fee Schedule

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