(RECAP: Earlier this month, HUD published a proposed rule that would substantially change the formula it uses to determine how much funding public housing agencies (PHA) receive to administer the Housing Choice Voucher program. With this new formula, HUD aims to better capture the costs of administering the voucher program and therefore more accurately compensate administering PHAs. Unlike the current formula, which is tied to HUD’s Fair Market Rents, the proposed formula would be based on six variables: program size; wage rates; benefit load; percent of households with earned income; new admissions rate; and percent of assisted households that live a significant distance from the PHA’s headquarters.)