HUD to recalculate 2003 Sec. 8 admin. fees

Public and Indian Housing Notice 2005-30, out Friday at HUDCLIPS, says HUD has changed its mind on how to calculate administrative fees payable to housing authorities for 2003 -- and how much fee money housing authorities may owe back to HUD. The ruling affects only 2003, not more recent years. Practical effects are hard to figure, but it looks like some housing authorities might lose money here.