Author Archives: Tamara Schultz

HUD Posts Existing Policy on Non-Rent Fees for Subsidized MFH Programs to Drafting Table; HUD Publishes Budget Based Rent Adjustments for M2M Properties Notice

CARH’S BROADCAST E-MAIL – Regulatory Update March 1, 2024 1)  Existing Policy on Non-Rent Fees for Subsidized Multifamily Housing Programs Posted to Drafting Table On February 29, HUD’s Office of Multifamily Housing Programs issued the following information: This guidance provides a summary of existing policy regarding the fees that owners of HUD-subsidized multifamily properties are…

Stakeholder Announcement: RD to Host a Forum for OneRD Guarantee Lenders on Data Needs Related to Secondary Market Activities

RD issued the following Stakeholder Announcement on February 28, 2024: USDA Rural Development is seeking participants for a Lender Forum to better understand the data and tools needed by participating lenders, purchasers of guaranteed loans and other stakeholders on the OneRD Guarantee website.  Space in the forum will be limited please register at the link…

Stakeholder Announcement: RD to Host OneRD Guarantee Lender Office Hours

On February 28, 2024, RD sent out the following Stakeholder Announcement: USDA Rural Development invites current or prospective OneRD Guarantee lenders to join program leadership for office hours on March 13, 2024 from 11:00 AM – 12:30 PM Eastern Time. OneRD Guarantee leadership from the Business and Industry, Community Facilities, Rural Energy for America Program…

HUD: Registration Link for the Capital Needs Assessment (CNA) eTool Walkthrough on February 29, 2024

The following information was sent from HUD on February 27, 2024: Good afternoon, Some recipients of the RADblast! published on Tuesday, February 27, have experienced difficulties accessing the link to the registration for the “Capital Needs Assessment eTool (CNA eTool) Walkthrough and Updates for RAD Participants.” The session is scheduled for February 29, 2024 from…

RD: Fiscal Year 2023 Multifamily Housing (MFH) Annual Occupancy Report

On February 22, 2024, Rural Development sent out the following Stakeholder Announcement: The Rural Housing Service is pleased to announce the Fiscal Year (FY) 2023 Multi-Family Housing (MFH) Annual Occupancy Report.  The report provides the annual statistical data regarding the characteristics of occupancy in Section 515 Rural Rental Housing (RRH) and Section 514 Farm Labor…

Rural Development: Set-Aside Unit Preferences at Multifamily Housing Properties

CARH’S BROADCAST E-MAIL – Regulatory Update February 22, 2024 The Rural Housing Service (RHS) issued the following Stakeholder Announcement yesterday regarding set-aside unit preferences at Multifamily Housing properties. In the past, when owners wanted to include a set aside preference in a property, an individual waiver request was required. The change outlined in the announcement…

Reminder: Proposed Rule – Agency Request for Comment Revisions to the Smoke Alarm Requirements in the Section 515 Rural Rental Housing and Section 514-516 Farm Labor Housing Direct Loan Programs

On February 21, 2024, Rural Development sent out the following Stakeholder Announcement:   The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on Monday, January 8, 2024 (Federal Register Vol. 89 No. 5) to amend the current regulation for smoke alarm requirements in MFH properties.  On December 29, 2022, President…

Tax Package Legislation Passes the House – Includes Housing Credit Provisions

CARH’s BROADCAST EMAIL—Legislative Alert February 5, 2024 On January 31, the House passed H.R. 7024, The Tax Relief for American Families and Workers Act of 2024, by a vote of 357-70. This legislation includes two key Housing Credit provisions that, if passed, would increase affordable housing supply and benefit seniors and working families throughout the…

CARH Midyear Meeting One Week Away – It’s Not Too Late to Register!

BROADCAST EMAIL – Midyear Meeting Update January 22, 2024 CARH’s 2024 Midyear Meeting scheduled for January 29-31, in Charleston, South Carolina, begins one week from today! Details on the meeting, including the agenda, can be found in the Meeting Brochure. Based on current registrations, the Midyear Meeting will be one of the largest CARH meetings…

Housing Credit Provisions Included in Tax Package Deal

CARH’s BROADCAST EMAIL—Legislative Alert January 16, 2024 Today, the Senate Finance Committee and the House Ways and Means Committee announced a $78 billion tax package deal, to be introduced as The Tax Relief for American Families and Workers Act of 2024, that includes two important Housing Credit provisions. The ACTION Campaign (ACTION), a national, grassroots…