RD – Prepayment: Tenant Notification Stakeholder Listening Session – March 9, 2023 at 2pm EDT

Rural Development Office of Multifamily Housing sent out the following information. CARH will post the registration link once provided. February 22, 2023 Multifamily Housing Stakeholders: When owners of Section 515 and Section 514 Off-Farm Labor Housing properties apply for prepayment of their loans, Rural Housing Service Multifamily Housing staff communicates with current tenants of these…

ONLINE Rental Exchange: A CARH Preferred Buyer –Savings for Your Business While Supporting CARH

CARH’S BROADCAST E-MAIL – Member Update February 22, 2023 One of the many benefits of national CARH membership is the opportunity for companies to participate in CARH’s Preferred Buyers program. We have been able to combine the size and strength of our membership to negotiate national supplier agreements at preferred pricing with large national vendors: …

HUD: ConnectHomeUSA Webinar – March 7, 2023

The following announcement was issued by HUD on February 21, 2023: Dear Multifamily Owners and Operators, Join us for the next CHUSA deep-dive webinar to learn more about the Federal Communication Commission’s (FCC) new National Broadband Map. This Map provides information about the internet services available to individual locations across the country, along with new maps of…

HUD Announcement: NSPIRE Opt-Out FAQ 2023 for Eligible MFH Properties

On February 21, 2023, HUD’s Office of Housing sent out the following announcement: Dear Multifamily Owners and Stakeholders, NSPIRE Opt-Out FAQ 2023 In the agency’s Federal Register Notice FR-6160-N-03, HUD announced a modified NSPIRE Demonstration (Demo) beginning April 1, 2023. At this time, HUD will conduct inspections of record for certain properties in HUD’s Demo program.…

HUD: HOTMA Final Rule Available – Important Changes for Multifamily Owners and Operators

The following information was sent to HUD’s Office of Multifamily Housing on February 14, 2023.  Dear Multifamily Owners and Program Operators,    Today, the U.S. Department of Housing and Urban Development (HUD) published its final rule in the Federal Register implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The official publication in the Federal Register…

CARH Scholarship Foundation Increased Scholarship Amount for 2023 Recipients!

IMPORTANT ANNOUNCEMENT! February 14, 2023 Dear CARH Members: As originally announced via email on December 19, 2022, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently accepting applications for the 2023 Scholarships! At that the time, it was announced that, beginning in 2023, an additional seventh scholarship would be added, and that…

IRS Provides Guidance Energy Projects for Low-Income Communities and Qualifying Advanced Energy Projects

On February 13, 2023, the Internal Revenue Service (IRS) published guidance on how it will allocate 1.8 gigawatts of capacity in bonus renewable energy Investment Tax Credits (ITCs) to low-income communities as provided in the Inflation Reduction Act (IRA) as well as guidance on the qualifying advanced energy project credit program. See the relevant notices…

RD: Proposed Rule – Multifamily Housing Section 538 Guaranteed Rural Rental Housing Prioritization Criteria – Updated

Updated February 9, 2023: On February 7, 2023, RD held a Listening Session where this subject was briefly mentioned. Click here to view the PowerPoint that was used in the listening session. Additionally, a representative from Nixon Peabody, CARH’s General Counsel, took notes during the session, which are included here. Please note, the Federal Register…