Rural Development: Multifamily Housing Production & Preservation Industry Reminder – Application Completeness Requirements

On August 24, 2023, RD’s sent out the following information:   Good Afternoon Industry Partners, Prior to realignment and occasionally within the realigned model, the Processing and Report Review Branch has often provided relief to 515, 514/516 FLH, MPR, 538, and Transfer applicants submitting application documents and third-party documents prior to the submission of a…

September 6th Webinar: How Rental Housing Providers Can Access Historic Federal Broadband Infrastructure Funding

Over the summer, the White House announced next steps for rolling out historic broadband deployment funding through the National Telecommunications and Information Administration’s (NTIA) Broadband Equity, Access, and Deployment Program (BEAD Program). This much anticipated announcement will guide the disbursement of broadband infrastructure funds totaling more than $42.5 billion, a portion of which can be…

HUD: RAD Supplemental Notice Takes Effect

On August 21, 2023, HUD’s Office of Multifamily Housing Programs sent out the following information: Today, HUD published a Notice in the Federal Register effectuating the changes in the RAD Supplemental Notice (H-2023-08/PIH-2023-19). As a reminder, certain sections of the Notice are effective immediately while others have a grace period. Please see the summary below: Supplemental Notice…

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…

RD: Important Information about Health Coverage for Tenants in USDA Multifamily Housing Programs

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…