Section 538 Updated Income Limits for 2022

CARH’S BROADCAST E-MAIL – Regulatory Alert Today, Rural Development’s Office of Multifamily Housing issued updated 2022 Income Limits for the Section 538 Guaranteed Rural Rental Housing Program. The income limits are effective immediately. The current Income Limits are 115% of the Area Median Income (AMI) for each County/Metropolitan Statistical Area (MSA) and household size. The…

SAM.gov Webinar Today and Rural Development’s Multifamily Housing Quarterly Meeting Scheduled

CARH’S BROADCAST E-MAIL – Regulatory Alert Rural Development’s Office of Multifamily Housing published a bulletin providing information on a SAM.gov webinar and MFH’s Field Operations’ staff quarterly meeting. 1)  SAM.gov Webinar – Today (Wednesday) August 3, 2022, at 1:00 p.m., Eastern GSA’s Integrated Award Environment (IAE) will host a series of events to share information…

June/July 2022 Edition of CARH News

CARH’S BROADCAST E-MAIL – CARH News The June/July 2022 edition of CARH News, the Council for Affordable and Rural Housing’s (CARH) bimonthly electronic newsletter, is now available online on CARH’s website, www.carh.org, or for viewing by clicking here. In this issue, you will find: CARH Annual Meeting & Legislative Conference Recap Counsel’s Corner: Treasury Announces…

Treasury Announces New Steps to Increase Affordable Housing Supply and Lower Long-Term Housing Costs for American Families

Today, the Department of Treasury announced new guidance to increase state, local, and tribal governments’ ability to use Coronavirus State and Local Fiscal Recovery Funds (SLFRF) authorized in the American Rescue Plan Act (ARPA) to support affordable housing development, including through the Housing Credit. Read Treasury’s Press Release.  

Rental Assistance Funding in Jeopardy—Contact Needed with Your Senators

CARH’S BROADCAST EMAIL—Legislative Alert As CARH members will recall, the American Rescue Plan Act (ARPA) P.L. 117-2 included an additional $100 million that was appropriated for the United States Department of Agriculture’s (USDA) Rural Development (RD) Section 521 Rental Assistance (RA) program. This additional RA was intended to help non-RA residents, who the agency had…

Rural Development – Preliminary Assessment Tool (PAT) Version 8.2.1 Release

CARH’S BROADCAST E-MAIL – Regulatory Alert Rural Development’s Office of Multifamily Housing sent out the following announcement: On June 14th, 2022, Rural Development (RD) released Version 8.2.1 of the Preliminary Assessment Tool (PAT). RD underwriters utilize the PAT to document Multifamily (MFH) transfer and Multifamily Housing Preservation and Revitalization (MPR) decisions. This version includes updated…