CARH’S BROADCAST E-MAIL – Regulatory Update October 25, 2023 In today’s Federal Register, the Rural Housing Service published a proposed rule entitled, Insurance Requirements in Multi-Family Housing Direct Loan and Grant Programs. The proposed rule would update the regulation for multifamily housing (MFH) insurance coverage and deductible requirements for properties financed through Rural Development (RD).…
CARH’S BROADCAST E-MAIL – Regulatory Update October 24, 2023 Rural Development sent out the following information today: The Multifamily Housing Division of USDA’s Rural Housing Service (RHS) is launching a new way of conducting the physical inspection segment of its Tri-Annual Supervisory Visit (SV); the most important tool for monitoring a borrower’s continued compliance with…
On October 23, 2023, HUD’s Office of Multifamily Housing sent out the following bulletin: Dear Multifamily Housing Partners, On August 23, 2023, the Department of Labor (DOL) published the final rule that updates regulations issued under the Davis-Bacon and Related Acts. This is the first comprehensive regulatory review in nearly 40 years. Revisions to these regulations…
On October 23, 2023, HUD’s Office of Multifamily Housing sent out the following bulletin: Multifamily Housing Service Coordinator Program FY 2023 Success Report Submission Date Extended and ROSS NOFO FY23 Federal Funds Now Available
On October 19, 2023, HUD sent out the following Press Release: HUD Announces $40 Million to Hire New and Maintain Existing Service Coordinators for Residents of Public and Indian Housing
On October 18, 2023, HUD Office of Multifamily Housing Programs sent out the following information: What is the Multifamily Disaster Preparedness Plan Template? The Multifamily Disaster Preparedness Plan Template is a resource to help HUD-assisted multifamily owners and Public Housing Authorities (PHAs) produce property-specific plan(s) to protect resident life and safety during a disaster. This template…
On October 17, 2023, RD Office of Multifamily Housing sent out the following information: Multifamily Housing Partnership Updates Date: Thursday, November 2, 2023 | Time: 3:00 p.m. Eastern Time Join USDA Rural Development Multifamily Housing (MFH) leadership to receive updates on MFH programs. USDA Rural Development MFH Field Operations staff hold these quarterly to provide…
On October 12, 2023, HUD’s Deputy Assistant Secretary for Multifamily Housing sent out the following information: HUD’s Office of Multifamily Housing Programs today made available $212 million in funding opportunities to expand the supply of affordable housing and supportive services for very-low and extremely-low-income persons with disabilities. The funding is available for two components of the…
On October 6, 2023, RD’s Office of Multifamily Housing sent out the following information: On October 2, 2023, Rural Development (RD) released Version 8.3.1 of the Preliminary Assessment Tool (PAT). RD underwriters use the PAT to document Multifamily Housing (MFH) transfer and Multifamily Preservation and Revitalization (MPR) credit-extending or loan modification decisions for assets…
CARH’S BROADCAST E-MAIL – CARH News October 5, 2023 The August/September 2023 edition of CARH News, CARH’s bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Counsel’s Corner: HUD Issues Supplemental RAD Notice Increased Tax Credits for LIHTC Developers Supply and Demand Imbalance…