The Hill — House Sends Bill to Biden to Avert Government Shutdown at Midnight
September 30, 2021 — The Hill House sends bill to Biden to avert government shutdown at midnight
September 28th at 2:00 p.m. Eastern – USDA Meeting on Housing Resources for Rural America
BROADCAST EMAIL – Regulatory Update USDA sent out the following information on today’s virtual meeting on housing resources for rural America: Register in advance for this meeting: https://www.zoomgov.com/meeting/register/vJIscuCqrDouGlVX1ylCoK2MvdBD4dpdaPM Date: September 28, 2021 Time: 2:00 – 3:00 p.m., Eastern The purpose of this meeting is to share information about the U.S. Treasury’s Emergency Rental Assistance (ERA) Program…
Treasury Issues Preliminary Information About Reallocation of Emergency Rental Assistance
On September 27, the National Council of State Housing Agencies (NCSHA) published the following blog post: Treasury Issues Preliminary Information About Reallocation of Emergency Rental Assistance
Emergency Rental Assistance Program Webinar & Slides Now Available
HUD’s Office of Multifamily Housing sent out the following information regarding the September 23 webinar regarding the Emergency Rental Assistance Program: The recording of the September 23, 2021, HUD and Treasury Emergency Rental Assistance webinar is now available. View it on YouTube and access the presentation slides here. Treasury’s Emergency Rental Assistance (ERA) program makes funding available to assist households…
Reconciliation Legislation Advances from House Financial Services Committee and Ways and Means Committee—Historic Funding Proposed for Affordable Housing
CARH’s Broadcast Email—Legislative Alert Issue As reported in CARH’s August 26, 2021, Broadcast Email, both the House and Senate passed a budget resolution which would authorize $3.5 trillion in spending and taxes during Fiscal Year (FY) 2022 and in many instances, for several additional years. The budget resolution passed by both the House and Senate…
HUD Opening New Application Period for COVID-19 Supplemental Funding
On September 16, 2021, HUD published Notice H 2021-05, Continued Availability of Funds for COVID-19 Supplemental Payments for Properties Receiving Project-Based Rental Assistance under the Section 8, Section 202, or Section 811 Programs.
ACTION Campaign Sends Letter to House Ways & Means Committee in Support of Proposals to Increase Housing Credit Production
On September 13, 2021, the ACTION Campaign, which CARH is a member of the steering committee, sent a letter to the House Ways and Means Committee Chair Richard Neal in support of the proposals to increase Housing Credit production. The ACTION Campaign and CARH will continue to weigh in with House and Senate leadership and…
Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022
BROADCAST EMAIL – Regulatory Update To today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022” for purposes of the low-income housing tax credit (LIHTC). LIHTC developments in DDAs or QCTs are eligible for as much as 30 percent more LIHTC subsidy. The designations…
OCC Issues Proposal to Rescind its 2020 Community Reinvestment Act Rule
On September 8, 2021, the Office of the Comptroller of the Currenency issued the following Press Release: The Office of the Comptroller of the Currency (OCC) is soliciting comments on proposed rules to rescind the Community Reinvestment Act (CRA) rule issued in 2020 and replace it with rules adopted jointly by the Federal banking agencies…
FHFA Announces Equitable Housing Finance Plans for Fannie Mae and Freddie Mac
Today, the Federal Housing Finance Agency (FHFA) issued a press release annoucing equitable housing finance plans for Fannie Mae and Freddie Mac.