RD Issues Correction Notice for the MPR NOFA and Section 515 Subsequent Loans for Preservation Activities for FY 2024

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CARH’S BROADCAST E-MAIL – Regulatory Alert October 23, 2024 In today’s Federal Register, USDA’s Rural Housing Service published a Correction Notice entitled, Notice of Funds Availability (NOFA) for the Multifamily Housing Preservation and Revitalization Demonstration Program (MPR) and for Section 515 Subsequent Loans for Preservation Activities for the Fiscal Year (FY) 2024; Correction. According to…

Stakeholder Announcement: Correction Notice – NOFA for the MPR and for Section 515 Subsequent Loans for Preservation Activities for the FY 2024 Federal Register

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On October 23, 2024, RD sent out the following Stakeholder Announcement: Washington DC, October 23, 2024 – On September 27, 2024, Rural Development’s Rural Housing Service (RHS or Agency), published a notice of funds availability (NOFA) in the Federal Register, Federal Register Notice MPR NOSA and Preservation Activities 2024. The NOFA announced that the Agency…

HUD: Two New FHA Temporary Policy Waivers Related to Hurricane/Tropical Storm Helene and Hurricane Milton

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On October 22, 2024, HUD’s Office of Housing Counseling sent out the following information: 1.  203(k) Limited Temporary Waiver Hurricane/Tropical Storm Helene and Hurricane Milton FHA has posted a temporary waiver of its 203(k) Rehabilitation Mortgage Insurance Program requirement that states, when a repair is considered “major,” it becomes ineligible to be financed as part…

HUD: Multifamily Clarifies Federal Flood Risk Management (FFRMS) Guidance

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HUD’s Office of Multifamily Housing sent out the following information on October 21, 2024: The Office of Multifamily Housing Programs posted additional guidance and response to stakeholder questions regarding the Federal Flood Risk Management Standards (FFRMS) Rule. Please visit the Multifamily Memo and Letters page for additional information. HUD has provided two webinars on the…

Disaster Assistance

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CARH’S BROADCAST E-MAIL – Member Update October 11, 2024 On behalf of the CARH national office staff and our members, we extend our thoughts and concerns to our members, industry partners, and community residents of the affected areas of Florida, Georgia, Louisiana, North Carolina, South Carolina, Tennessee, and Virginia who are suffering the aftermath of…

HUD Multifamily Posts Draft Notice on Solar, Cell Tower, and Other Rooftop Leases

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HUD’s Office of Multifamily Housing sent out the following information on October 11, 2024: The Office of Multifamily Housing Programs published a draft Solar, Cell Tower, and Rooftop Leases notice to the Multifamily Drafting Table for public comment, regarding new guidance that outlines Multifamily’s requirements for on-site solar systems, cell towers, and rooftop commercial leases. This draft Notice also…

HUD: Bifurcating Section 8 Contracts Posts to Multifamily Drafting Table for Public Comment

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On October 2, 2024, HUD’s Office of Multifamily Housing sent out the following information and press release: Today, the Office of Multifamily Housing (MFH) Programs published the Bifurcating Section 8 Contracts chapter to the Multifamily Drafting Table for public comment, kickstarting the first set of comprehensive updates to the Multifamily Asset Management and Project Servicing…