HUD: Preview Version of HOTMA Final Rule Available: Important Changes for Multifamily Owners and Operators 

On January 31, 2023, HUD sent out the following Multifamily Housing News – Asset Management bulletin: Dear Multifamily Owners and Program Operators,    Today, HUD posted a preview version of its final rule implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The rule covers sections 102, 103, and 104 of HOTMA; only sections 102…

Recording of Multifamily Housing Partnership Updates from January 26, 2023

On January 26, 2023, Rural Development’s Multifamily Housing (MFH) Field Operations staff held their quarterly meeting to provide updates to their customers. Click here for the Multifamily Housing Partnership Updates – Recording from January 26, 2023(Note, this will launch in Microsoft Teams) Agenda topics for the meeting included: Leadership Updates Budgets Centralized Mailing Address SAM…

HUD: Notice of Modification to the Demonstration to Assess the NSPIRE and Associated Protocols

HUD’s Office of Multifamily Housing, Asset Management sent out the following information on January 26, 2023: Dear Multifamily Stakeholders, In August 2019 HUD began implementing the NSPIRE demonstration (demo) (84 FR 43536). Throughout the demo, HUD has been collecting, processing, and evaluating physical inspection data and information, and has used this to improve and refine…

Register Now to Learn About Updates to USDA Rural Housing Service, Multifamily Housing Funding Opportunities

Rural Development’s Office of Multifamily Housing sent out the following information on January 25, 2023:   Register Now to Learn About Updates to USDA Rural Housing Service, Multifamily Housing Funding Opportunities    Tuesday, February 7, 2023 Stakeholder Listening Session for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP) Updates The USDA Rural Development (RD)…

RD: Multifamily Housing Section 538 Guaranteed Rural Rental Housing Handbook Revisions

RD’s Office of Multifamily Housing issued the following announcement on January 23, 2023: The Rural Housing Service (RHS) recently posted revisions to the Guaranteed Rural Rental Housing Program (GRRHP) Origination and Servicing Handbook.  These revisions included a correction to Attachment 4-A GRRHP Application Checklist in Chapter 4, to align the Market Study and Appraisal submission…

Rural Development Build America, Buy America Implementation Waiver Expires Feb 3, 2023

RD Multifamily Housing sent out the following announcement on January 23, 2023: USDA Rural Development’s (RD) implementation waiver for the Build America, Buy America Act (BABAA) will expire on Feb. 3, 2023. After that date, all non-Federal organizations receiving RD financial assistance for infrastructure projects will be required to exclusively use iron, steel, manufactured products…

Better Buildings Challenge Multifamily Webinar: ABCs of Multifamily Electrification Strategies – February 7, 2022 – 11:00 AM – 12:00 PM EST

The Department of Housing & Urban Development and the Department of Energy Announced the following on January 23, 2023:   Better Buildings Challenge Multifamily Webinar: ABCs of Multifamily Electrification Strategies – February 7, 2022 – 11:00 AM – 12:00 PM EST Is your organization considering electrifying its portfolio, or expanding its current electrification efforts? Would…

HUD Announces New Proposed “Affirmatively Furthering Fair Housing” Rule

The following information was sent out on January 20, 2023, from HUD’s Office Housing: HUD Announces New Proposed “Affirmatively Furthering Fair Housing” Rule, Taking a Major Step Towards Rooting Out Longstanding Inequities in Housing and Fostering Inclusive Communities On January 19, 2023, HUD announced it will imminently publish a Notice of Proposed Rulemaking in the…