When is the initial billing from the RHA due to the IHA after executing the HAP contract?

The correct response indicates that the initial billing from the Regional Housing Authority (RHA) to the Intermediary Housing Authority (IHA) is due within 10 days after the execution of the Housing Assistance Payment (HAP) contract. This timeline is important as it establishes a prompt financial obligation that ensures the timely processing of funds necessary to support the housing program.

A quick billing process serves to maintain efficient operations within the Housing Choice Voucher program, ensuring that parties involved can fulfill their responsibilities without unnecessary delays. This structure promotes accountability and helps maintain the financial flow essential for supporting program participants in accessing safe and affordable housing options.

The other options reflect longer timeframes that do not align with the procedural obligations outlined by the regulations governing the HAP contract’s billing process. Thus, adherence to the 10-day requirement is crucial for effective program administration.