Fiscal Year 2023 Proposed Budget Released—USDA’s Rural Rental Housing Programs Targeted For Major Increases

Press Releases

CARH’s BROADCAST EMAIL—Legislative Alert On Monday, March 28, 2022, the Biden Administration unveiled its proposed $5.8 trillion budget for Fiscal Year (FY) 2023. The proposed budget would provide $1.6 trillion for discretionary funds, including $813 billion for defense-related programs and $769 billion for domestic spending. By comparison, the Consolidated Appropriations Act, 2022 for FY 2022…

IRS Provides Permanent Authority to Conduct Teleconference Public Hearings for Tax-Exempt Bonds and Housing Credit QAPs

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On March 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-20 which provides guidance regarding the public approval requirement under § 147(f) of the Internal Revenue Code for tax-exempt qualified private activity bonds. Specifically, this revenue procedure provides that hearings held by teleconference as described in section 4 of the revenue procedure will be treated…

1) Omnibus Appropriations Bill for FY 2022 Signed into Law; 2) FY 2023 Budget and Status of Build Back Better

Press Releases

CARH’s Broadcast Email—Legislative Alert 1) Omnibus Appropriations Bill for FY 2022 Signed into Law by President Biden On Tuesday, March 15, 2022, President Biden signed into law the $1.5 trillion 1,068-page omnibus appropriations bill entitled, Consolidated Appropriations Act, 2022, for Fiscal Year (FY) 2022 (P.L. 117-103), that Congress passed late last week. Of this $1.5…

CARH Scholarship Foundation Applications for 2022 Scholarships are Due April 30th!

Press Releases

REMINDER                         REMINDER                         REMINDER   Dear CARH Members: As originally announced via email on December 13, 2021, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently applications for the 2022 scholarships – the James L. Poehlman, Gordon L. Blackwell, Jack Godin, Jr., CRHD Founders, Scholarship Foundation, and CARH Scholarships! The Scholarship Foundation is…

Rural Development: Off-Farm Labor Housing Repair Loan and Grant Workshop – Pre-Register for April 13th Event

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The following was sent out by RD’s Office of Multifamily Housing: On March 9, 2022, Rural Development published a Notice of Funding Availability (NOFA) for subsequent Section 514 Off-Farm Labor Housing (Off-FLH) loans and subsequent Section 516 Off-FLH grants to improve, repair, or make modifications to existing Off-Farm Labor Housing Properties for fiscal year 2022.…

USDA Seeks Applications to Improve, Repair or Modify Off-Farm Labor Housing Properties

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On March 9, 2022, USDA issued the following Stakeholder Annoucement entitled, USDA Seeks Applications to Improve, Repair or Modify Off-Farm Labor Housing Properties: WASHINGTON, March 9, 2022 – USDA Rural Development Under Secretary Xochitl Torres Small today announced the Department is seeking applications to improve or repair off-farm labor housing. These improvements will ensure farmworkers…

Rural Development – Upcoming Industry Workshop on Funding Gaps in Section 515 and Section 514/516 Transactions

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CARH’S BROADCAST E-MAIL – Regulatory Alert   Rural Development’s Office of Multifamily Housing distributed the following bulletin informing stakeholders of an upcoming workshop entitled, Addressing Funding Gaps in Section 515 and FLH (514/516): Section 515 and Section 514/516 programs provide financing for the new construction and preservation of affordable housing units in Rural America.As market…