Which of the following functions is NOT performed by CAs and PBCAs?

The role of Contract Administrators (CAs) and Performance-Based Contract Administrators (PBCAs) primarily includes a variety of responsibilities focused on the administration of rental assistance programs and the oversight of HUD contracts. These functions are crucial to ensuring compliance, effective program management, and the overall functioning of multifamily housing programs.

CAs and PBCAs are indeed involved in processing monthly Tenant Rental Assistance Certification System (TRACS) submissions and voucher submissions. This task is essential for maintaining accurate financial records and ensuring that funds are disbursed appropriately within the framework of federal guidelines.

Additionally, reviewing REAC inspection findings falls within their purview. CAs and PBCAs evaluate these inspection results to assess property health and compliance with HUD standards. They play a critical role in ensuring properties meet the necessary quality and safety standards for tenants.

Managing utility allowance analyses and rent increases is also a responsibility of CAs and PBCAs. These professionals analyze alterations in utility costs that can affect rent adjustments, ensuring that any changes remain compliant with HUD guidelines.

In contrast, updating program regulations is not typically a function of CAs and PBCAs. This responsibility usually lies with federal agencies or regulatory bodies that establish and revise the laws and regulations governing housing programs.