Rural Development Announces Stakeholder Listening Sessions on Decoupling as a Preservation Tool for the Multifamily Housing Portfolio

On June 1, 2023, RD sent out the following information: In accordance with the FY23 Consolidated Appropriations Act, USDA is directed to conduct a series of stakeholder meetings and provide a report to Congress on how decoupling of Section 521 Rental Assistance (RA) from Section 515 Rural Rental Housing mortgages would be implemented. A critical…

March/April 2023 Edition of CARH News

CARH’S BROADCAST E-MAIL – CARH News May 15, 2023 The March/April 2023 edition of CARH News, CARH’s bimonthly electronic newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Message for CARH’s Executive Director on Upcoming Annual Meeting CARH Members Testify at Senate Hearing Three Takeaways…

HUD: NSPIRE Final Rule

On May 12, 2023, HUD’s Office of Multifamily Housing sent out the following information: HUD published the National Standards for the Physical Inspection of Real Estate (NSPIRE) Final Rule in the Federal Register. The final rule makes changes to inspections in response to public comments. These include: New Self-Inspection Requirement and Report. PHAs and Owners…

Congressional Champions Reintroduce the Affordable Housing Credit Improvement Act

On May 11, 2023, the ACTION Campaign, which CARH is a steering committee member, sent out the following information: Affordable housing champions in Congress introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2023 today to strengthen and expand the Low-Income Housing Tax Credit (Housing Credit). The bipartisan legislation is sponsored by Senators Maria Cantwell (D-WA), Todd…