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HELLO AND WELCOME TO THE HOUSING CHOICE VOUCHER PROGRAM ADMINISTRATIVE FEE PROGRAM. MY NAME IS MICHAEL DENNIS. I WORK IN THE PIHS POLICY SHOP HERE AT HUD HEADQUARTERS. IM JOINED HERE TODAY BY JENNIFER TURNUM. THE PURPOSE OF THE WEBCAST IS TO PROVIDE YOU WITH A THOROUGH UNDERSTANDING OF THE PROPOSED RULE THAT WAS PUBLISHED IN THE FEDERAL REGISTER ON JULY�6, 2016. DURING THIS BROADCAST WE ARE GOING TO REVIEW THE COMPONENTS OF THE PROPOSED RULE AS WELL AS HIGHLIGHT SEVERAL AREAS WHERE THE PROPOSED RULE IS SPECIFICALLY SEEKING PUBLIC COMMENT. THE PUBLIC COMMENT PERIOD ENDS OCTOBER�4, 2016, AND ITS VERY IMPORTANT TO US THAT PHAS AND OTHER STAKEHOLDERS PROVIDE US WITH THOUGHTS, CONCERNS, SUGGESTION AND IDEAS ON THE PROPOSED RULE SO WE CAN DEVELOP THE BEST POSSIBLE FINAL RULE MOVING FORWARD. THE POWERPOINT SLIDES THAT ACCOMPANY THIS WEBCAST ARE ON THE ADMIN FEE PROPOSED RULE WEBSITE WHICH WE WILL BE TALKING ABOUT LATER IN THE BROADCAST. SHOULD YOU HAVE ANY QUESTIONS ABOUT THE WEBCAST,