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

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…

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MPR NOFA and Section 515 Subsequent Loans for Preservation Activities for FY 2024

CARH’S BROADCAST E-MAIL – Regulatory Alert\ September 27, 2024 In today’s Federal Register, USDA’s Rural Housing Service (RHS) published a 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. RHS will make…

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RD: Spotlight on Tenant Recertifications

On September 24, 2024, RD’s Office of Multifamily Housing sent out the following Stakeholder Announcement: Washington D.C., September. 24, 2024 – Rural Development (RD) Multifamily Housing (MFH) has created Processing Tenant Recertifications: A Guide for Multifamily Housing Owners and Management Companies as a reference resource for RD MFH owners and management agents. The guide outlines…

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HUD: Revised Compliance Date: Implementation of Sections 102 and 104 of HOTMA 

On September 20, 2024, HUD issued Notice 2024-9 entitled, Revised Compliance Date: Implementation of Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) The notice states, “Notice H 2023–10 established the date of January 1, 2025, by which Multifamily Housing (MFH) Owners must be in full compliance with the HOTMA…

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HUD Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2025

CARH’S BROADCAST E-MAIL – Regulatory Update September 9, 2024 In today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2025” for purposes of the low-income housing tax credit (Housing Credit). Housing Credit developments in Designation of Difficult Development Areas (DDAs) or Qualified Census Tracts…

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HUD’s Preventing and Addressing Harassment in Housing Fact Sheet Available

On September 3, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: The Office of Multifamily Housing Programs is making owners, agents, and residents aware of information regarding preventing sexual harassment and bullying at HUD properties. The Preventing and Addressing Sexual and Other Discriminatory Harassment in Housing webpage contains links that will help…

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Rural Development’s Timeline and Guidance for Implementation of the Housing Opportunity Through Modernization Act

On September 4, 2024, RD’s Office of Multifamily Housing sent out the following Stakeholder Announcement: Washington D.C., September. 04, 2024 – The Rural Housing Service (RHS) Office of the Multifamily Housing (MFH) has published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline of events for the implementation of the Housing Opportunity Through…

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USDA Rural Development Announces a Stakeholder Listening Session on the MFH Transfer Process

On August 22, 2024, RD sent out the following information: Rural Development (RD) Multifamily Housing (MFH) is inviting RD stakeholders to share their experience with the transfer process, to include the simple transfer pilot process. This is an opportunity for the Agency to learn how these processes function from the customer lens. Register for a…

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