Daily Archives: August 7, 2023

RD Management Fees Published for Fiscal Year 2024

BROADCAST EMAIL – Regulatory Update August 7, 2022 On August 4th, Rural Development (RD) published Procedural Notice (PN) 589 announcing management fees for Fiscal Year (FY) 2024. Management fees will vary from state-to-state because RD based this year’s increase on HUD’s Operating Cost Adjustment Factor (OCAF) which varies based on location in the country and…

HUD Publishes Updated Public and Assisted Housing Guidance for Treatment of Solar Programs

On August 4, 2023, HUD’s Office of Multifamily Housing Programs sent out the following information:   The U.S. Department of Housing and Urban Development published updated guidance for owners of properties participating in HUD Multifamily Assisted Housing programs regarding the treatment of financial benefits received from participation in community solar energy programs or the presence…