The following information was sent to HUD’s Office of Multifamily Housing on February 14, 2023. Dear Multifamily Owners and Program Operators, Today, the U.S. Department of Housing and Urban Development (HUD) published its final rule in the Federal Register implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The official publication in the Federal Register…
IMPORTANT ANNOUNCEMENT! February 14, 2023 Dear CARH Members: As originally announced via email on December 19, 2022, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently accepting applications for the 2023 Scholarships! At that the time, it was announced that, beginning in 2023, an additional seventh scholarship would be added, and that…
On February 13, 2023, the Internal Revenue Service (IRS) published guidance on how it will allocate 1.8 gigawatts of capacity in bonus renewable energy Investment Tax Credits (ITCs) to low-income communities as provided in the Inflation Reduction Act (IRA) as well as guidance on the qualifying advanced energy project credit program. See the relevant notices…