HUD Clears the Queue

November 17, 2022 HUD’s Office of Multifamily Housing sent out the following information: Today we are pleased to announce that FHA’s Multifamily mortgage insurance programs insured 1,078 mortgages for multifamily properties in fiscal year 2022, its second highest volume by dollar amount, at $21.1 billion of unpaid principal balance, and slightly below its record fiscal…

Rural Development Multifamily Housing Temporary Exception to Tenant Recertification Requirements

CARH’S BROADCAST E-MAIL – Regulatory Update November 17, 2022 Rural Development posted a recent Unnumbered Letter entitled, Multifamily Housing Temporary Exception to Tenant Recertification Requirements. Specifically, the Agency is waiving the recertification requirements for tenants whose household income, regardless of income type, has increased by more than $100 but less then $200. This is a…

HUD Establishes Certain Operating Cost Adjustment Factors for 2023

CARH’S BROADCAST E-MAIL – Regulatory Update November 16, 2023 In yesterday’s Federal Register, the Department of Housing & Urban Development published a Notice that establishes operating cost adjustment factors (OCAFs) for project-based assistance contracts issued under Section 8 of the United States Housing Act of 1937 and renewed under the Multifamily Assisted Housing Reform and…

HUD Seeks Feedback on Section 811 and Section 202 RAD Conversions; Updated RAD/Section 18 Blend Eligibility Workbook Released

HUD’s Office of Multifamily Housing, Office of Recapitalization sent out the following information: HUD Seeks Feedback on Section 811 and Section 202 RAD Conversions The Consolidated Appropriations Act, 2022 authorized the conversion of properties assisted under Section 811 through RAD. To implement this new conversion option, HUD is planning to amend Section IV of the current…

CARH Website Upgrade

CARH’S BROADCAST E-MAIL-MEMBER UPDATE We are excited to announce that CARH has upgraded our website! The new and improved site is live now at www.carh.org. You have access to a completely revamped website that has a new layout that is easier to read, more user-friendly, and has better functionality. We hope you take the time…

USDA Seeks Applications to Support Regional Economic and Community Development Planning to Create Thriving Communities for Rural People

Rural Development issued the following Stakeholder Annoucment on November 7, 2022: U.S. Department of Agriculture (USDA) Rural Development Under Secretary Xochitl Torres Small today announced that USDA is seeking applications to implement regional economic and community development projects to create thriving communities for people in rural America. The 2018 Farm Bill authorized USDA to make…