CARH’S BROADCAST EMAIL – Legislative Update July 8, 2025 On July 3, 2025, the House of Representatives, by a vote of 218-214, passed for a second time, the One Big Beautiful Bill Act. Passage of the legislation came after a series of intense reviews by the Senate Parliamentarian to ensure that provisions met the overall…
HUD’s Office of Multifamily Housing sent out the following information on July 2, 2025: The Office of Recapitalization is hosting Office Hours for 202 PRAC owners and their partners who are contemplating RAD on Wednesday, July 23rd at 1 P.M., ET. Program experts will be available to engage with property owners and their partners on…
CARH’S BROADCAST E-MAIL – Regulatory Alert June 30, 2025 In today’s Federal Register, the Rural Housing Service (RHS) published a Proposed Rule entitled, Revisions to the Calculation of Annual Household Income and Net Family Assets in the Section 515 Rural Rental Housing and Section 514/516 Farm Labor Housing Programs. The changes are to align RHS’…
Office of Production FY25 Q2 Data Posted Multifamily Production strives to publish the quarterly database of FHA MF Firm Commitments and Endorsements activity within 30 days after quarter-end. The New FY 25 Q2 data has been split into two files and is now available on HUD.gov as FHA MF Firm Commitments and Endorsements Database, and…
CARH’S BROADCAST E-MAIL – Regulatory Alert June 27, 2025 On June 25th, USDA announced the appointment of George Kelly as the Administrator of the Rural Housing Service (RHS). According to USDA, Kelly spent most of his career as a commercial real estate developer with Hines Interests Limited Partnership. He has had roles in banking, affordable…
CARH’S BROADCAST E-MAIL – Regulatory Alert June 27, 2025 1) Rural Development Multifamily Housing Handbook 2-3560 Chapter 6 Updates The Rural Housing Service (RHS) issued a Stakeholder Announcement on June 24th entitled, Rural Development Multifamily Housing Handbook 2-3560 Chapter 6 Updates. The Announcement states: “The Rural Housing Service (RHS) Office of the Multifamily Housing (MFH)…
HUD has published FR-6503-N-01 Rental Assistance Demonstration: Supplemental Guidance on Revised RAD Notice in the Federal Register. The purpose of this Federal Register Notice is to document any new statutory or regulatory waivers included in RAD Supplemental Notice 4C- Housing 2025-01/PIH 2025-03, which can take effect 10 days following publication in the Federal Register. The…
HUD has published a new tool to assist Public Housing Authorities (PHAs) in assessing the impact of a RAD/Section 18 Blend on the revenue available to a property and then in implementing RAD/Section 18 Blends. The following updated resource is now available: RAD Rents: HUD has re-published the RAD Contract Rents that are used to determine…
CARH’S BROADCAST EMAIL – Legislative Update June 10, 2025 On Thursday, June 12, the House Financial Services Committee will hold a hearing entitled “Housing in the Heartland: Addressing Our Rural Housing Needs.” The hearing is scheduled for 2:00 p.m., Eastern and can be streamed live here. The hearing with focus on ways to bring additional…
CARH’S BROADCAST E-MAIL – Annual Meeting June 6, 2025 CARH’s Annual Meeting & Legislative Conference is just over two weeks away!! As mentioned in CARH’s May 28th broadcast email, the hotel room block at The Ritz-Carlton, Pentagon City is full, and there is now a wait list. If you already have a room reservation and…