HUD to Resume REAC Inspections Starting June 1

BROADCAST EMAIL – Regulatory Update On April 23, 2021, Department of Housing & Urban Development (HUD) Secretary Marcia Fudge announced that on June 1, 2021, HUD will resume Real Estate Assessment Center (REAC) inspections. The Secretary also issued a letter to all Public Housing Agencies (PHAs) and Multifamily property owners/agents (POAs) regarding the importance of…

Ask Your Mayor to Sign Letter to Congress Supporting the Affordable Housing Credit Improvement Act of 2021

CARH’S BROADCAST E-MAIL – Legislative Update On April 15, 2021, S. 1136 and H.R. 2573, the Affordable Housing Credit Improvement Act (AHCIA) of 2021 was introduced. Jenny Durkan, Mayor of Seattle, is leading a letter, in partnership with the ACTION Campaign (which CARH is a steering committee member), to support the recently reintroduced bipartisan, bicameral…

Staples: A CARH Preferred Buyer – Get Savings for Your Business While Supporting CARH

CARH’S BROADCAST E-MAIL – Member Update 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:  HD Supply, ONLINE…

FHFA to Host Public Listening Session on Multifamily Small Lender Access April 30

The Federal Housing Finance Agency (FHFA) is hosting a virtual public listening session to facilitate public engagement around the topic of multifamily access for small lenders. FHFA is interested in learning how small multifamily lenders, such as depository institutions, CDFIs, credit unions, and housing finance agencies, might gain access to Fannie Mae and Freddie Mac…

Survey Regarding Insurance Cost Increases for Multifamily Providers

CARH’S BROADCAST E-MAIL – Member Update CARH, together with the Institute of Real Estate Management, National Affordable Housing Management Association, National Apartment Association, National Leased Housing Association, and National Multifamily Housing Council, has put together a survey to gather important data on increases in insurance costs being experienced by multifamily providers. Some owner and management…

CARH Signs on to Stakeholder Letter to State Policymakers on Rental and Business Assistance

On April 15, 2021, CARH signed onto a letter from stakeholders to state policymakers to quickly and fully allocate available American Rescue Plan federal funds to provide assistance to renters, consumer-facing small businesses, and impacted industries such as retail, tourism, travel, and hospitality that are having trouble paying rents, mortgages or remaining viable enterprises due…

RD Issues Unnumbered Letter with Guidance on Eligibility and Selection Criteria for Emergency Rental Assistance

BROADCAST EMAIL – Regulatory Update Rural Development (RD) published an Unnumbered Letter (UL) dated April 5, 2021, entitled The American Rescue Plan Act of 2021 Emergency Rental Assistance for Rural Housing. The UL provides guidance for Multifamily Field Operations staff on the eligibility and selection criteria for the distribution of $100 million in Section 521…

USI Insurance Services: A CARH Preferred Buyer – Get Savings for Your Business While Supporting CARH

CARH’S BROADCAST E-MAIL – Member Update 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:  HD Supply, ONLINE…