RD: Multifamily Housing Section 538 Guaranteed Rural Rental Housing Handbook Revisions

RD’s Office of Multifamily Housing issued the following announcement on January 23, 2023: The Rural Housing Service (RHS) recently posted revisions to the Guaranteed Rural Rental Housing Program (GRRHP) Origination and Servicing Handbook.  These revisions included a correction to Attachment 4-A GRRHP Application Checklist in Chapter 4, to align the Market Study and Appraisal submission…

Rural Development Build America, Buy America Implementation Waiver Expires Feb 3, 2023

RD Multifamily Housing sent out the following announcement on January 23, 2023: USDA Rural Development’s (RD) implementation waiver for the Build America, Buy America Act (BABAA) will expire on Feb. 3, 2023. After that date, all non-Federal organizations receiving RD financial assistance for infrastructure projects will be required to exclusively use iron, steel, manufactured products…

Better Buildings Challenge Multifamily Webinar: ABCs of Multifamily Electrification Strategies – February 7, 2022 – 11:00 AM – 12:00 PM EST

The Department of Housing & Urban Development and the Department of Energy Announced the following on January 23, 2023:   Better Buildings Challenge Multifamily Webinar: ABCs of Multifamily Electrification Strategies – February 7, 2022 – 11:00 AM – 12:00 PM EST Is your organization considering electrifying its portfolio, or expanding its current electrification efforts? Would…

HUD Announces New Proposed “Affirmatively Furthering Fair Housing” Rule

The following information was sent out on January 20, 2023, from HUD’s Office Housing: HUD Announces New Proposed “Affirmatively Furthering Fair Housing” Rule, Taking a Major Step Towards Rooting Out Longstanding Inequities in Housing and Fostering Inclusive Communities On January 19, 2023, HUD announced it will imminently publish a Notice of Proposed Rulemaking in the…

Multifamily Housing Section 515/514/516 Loan Origination and Project Servicing Handbook Revision

On January 13, 2023, Rural Development Multifamily Housing sent out the following information: On December 8, 2022, Rural Development released a Procedure Notice (PN) announcing revisions to the Multifamily Housing Loan Origination Handbook (Handbook-1-3560 Chapter 4) and the Multifamily Housing Project Servicing Handbook (Handbook-3-3560 Chapter 7). The PN clarified submission requirements related to citizenship and…

RD: Citizenship and Qualified Alien Status Eligibility Requirements for Multifamily Housing Applicants

On January 9, 2023, Rural Development’s Office of Multifamily Housing sent out the following information: On December 8, 2022, Rural Development released a Procedure Notice (PN) to announce revisions to the Multifamily Housing (MFH) Loan Origination Handbook (Handbook-1-3560 Chapter 4) and the MFH Project Servicing Handbook (Handbook-3-3560 Chapter 7) to clarify citizenship and qualified alien…