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…
On August 4, 2023, Rural Development’s Office Multifamily Housing sent out the following information: USDA is encouraging Department-wide communication regarding health coverage for rural Americans. In partnership with you, our stakeholders, we are requesting your assistance in getting the word out on this important subject. To advance the Biden-Harris Administration’s commitment to ensure access to high-quality affordable health…
CARH’S BROADCAST E-MAIL – CARH News August 4, 2023 The June/July 2023 edition of CARH News, CARH’s bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Annual Meeting & Legislative Conference Recap CARH Board Met During Annual Meeting CARH Elects New Offices and…
CARH’S BROADCAST E-MAIL – Regulatory Alert August 3, 2023 On July 14, 2023, the Rural Housing Service (RHS) issued an Unnumbered Letter entitled, Multifamily Housing Guidance for Processing Insurance Claim Proceeds (Handbook 2-3560, 4.13 D.1. Bid Requirements). On December 22, 2022, CARH sent a letter to RD on a variety of insurance related issues. Among…
CARH’S BROADCAST E-MAIL – Regulatory Alert August 2, 2023 On July 13, 2023, Rural Development’s (RD) Office of Multifamily Housing issued PN 587 which published 2023 Income Limits for multifamily housing programs. The updated 2023 income limits include limits for the Section 538 Guaranteed Rural Rental Housing Program. The income limits were effective July 13,…
CARH’S BROADCAST E-MAIL — Member Update August 1, 2023 Did you ever wish there was an easier way to hear about newly released regulations from Rural Development (RD), Department of Housing & Urban Development (HUD), Department of Treasury, Internal Revenue Service, Small Business Administration, Government Accountability Office, and other agencies that impact the affordable rural…
On July 31, 2023, RD sent out the following information: On July 20, 2023, Rural Development Multifamily Housing leadership held a meeting providing a quarterly update to our external partners. The update included information about leadership changes, budgets, new tools and resources, Multifamily Physical Inspection Pilot Program (MPIPP), and lots of other pertinent information…
In January, the Biden Administration announced a nonbinding White House Blueprint for a Renters Bill of Rights. Since this announcement, various several federal agencies have pursued actions to carry out the goals set forth within the Blueprint. The Federal Housing Finance Agency (FHFA) is the latest agency to act in this space—they have issued a…
On July 27, 2023, HUD’s Office of Multifamily Housing Programs sent out the following information: Today, HUD published a Supplement to the RAD Notice, which makes discrete changes to the RAD Notice. Among other changes, this Supplement implements additional budget authority and additional flexibilities to augment initial contracts rents for Section 202 PRAC conversions; strengthens…
Rural Housing Services’ Multifamily Housing Production and Preservation Division sent out the following information on July 27, 2023: For customer awareness and transaction planning, Rural Development’s Office of Multifamily Housing’s Production and Preservation (P2) Division, is announcing its 2023 calendar year-end closing schedule. Owners and applicants intending to close a transaction on or before December…