Los Angeles LOMOD Corporation operates under a performance-based Annual Contributions Contract (ACC) with the U.S. Department of Housing and Urban Development (HUD); LOMOD currently provides administrative services to HUD to monitor performance of owners and management agents participating in project-based Housing Assistance Payments (HAP) Contracts under Section 8. Under the terms of the ACC, LOMOD provides administrative services for monitoring and evaluating management’s occupancy policies and procedures; monitoring property owner’s compliance; processing owner requests for rental rate adjustments; reviewing and authorizing monthly Section 8 voucher payment requests; notifying and resolving health and safety concerns, and renewing expiring Section 8 contracts as necessary.