IRS Provides Guidance Energy Projects for Low-Income Communities and Qualifying Advanced Energy Projects

On February 13, 2023, the Internal Revenue Service (IRS) published guidance on how it will allocate 1.8 gigawatts of capacity in bonus renewable energy Investment Tax Credits (ITCs) to low-income communities as provided in the Inflation Reduction Act (IRA) as well as guidance on the qualifying advanced energy project credit program. See the relevant notices…

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RD: Proposed Rule – Multifamily Housing Section 538 Guaranteed Rural Rental Housing Prioritization Criteria – Updated

Updated February 9, 2023: On February 7, 2023, RD held a Listening Session where this subject was briefly mentioned. Click here to view the PowerPoint that was used in the listening session. Additionally, a representative from Nixon Peabody, CARH’s General Counsel, took notes during the session, which are included here. Please note, the Federal Register…

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HUD: New Resources for Advancing Housing Protections for Survivors of Domestic Violence, Dating Violence, Sexual Assault, and Stalking

On February 6, HUD’s Office of Multifamily Housing Asset Management sent out the following information: Dear Multifamily Stakeholders,  On February 1, 2023, HUD published a press release announcing the Violence Against Women Act Reauthorization Act of 2022 website, enforcement notice, and Notice of Funding Opportunity (NOFO). In addition, HUD published The Violence Against Women Act…

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HUD Issues Unique Entity Identifier Notice – RD Programs Will Also Need

CARH’S BROADCAST E-MAIL – Regulatory Update February 2, 2023 On January 26, 2023, HUD issued Notice H 2023–01, Unique Entity Identifier Replaces Dun & Bradstreet Data Universal Numbering System for Identification of Federal Awards. The Notice provides background on the federal government’s transition from the Dun & Bradstreet Data Universal Number System (DUNS Number) to…

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HUD: Preview Version of HOTMA Final Rule Available: Important Changes for Multifamily Owners and Operators 

On January 31, 2023, HUD sent out the following Multifamily Housing News – Asset Management bulletin: Dear Multifamily Owners and Program Operators,    Today, HUD posted a preview version of its final rule implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The rule covers sections 102, 103, and 104 of HOTMA; only sections 102…

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Recording of Multifamily Housing Partnership Updates from January 26, 2023

On January 26, 2023, Rural Development’s Multifamily Housing (MFH) Field Operations staff held their quarterly meeting to provide updates to their customers. Click here for the Multifamily Housing Partnership Updates – Recording from January 26, 2023(Note, this will launch in Microsoft Teams) Agenda topics for the meeting included: Leadership Updates Budgets Centralized Mailing Address SAM…

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HUD: Notice of Modification to the Demonstration to Assess the NSPIRE and Associated Protocols

HUD’s Office of Multifamily Housing, Asset Management sent out the following information on January 26, 2023: Dear Multifamily Stakeholders, In August 2019 HUD began implementing the NSPIRE demonstration (demo) (84 FR 43536). Throughout the demo, HUD has been collecting, processing, and evaluating physical inspection data and information, and has used this to improve and refine…

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Register Now to Learn About Updates to USDA Rural Housing Service, Multifamily Housing Funding Opportunities

Rural Development’s Office of Multifamily Housing sent out the following information on January 25, 2023:   Register Now to Learn About Updates to USDA Rural Housing Service, Multifamily Housing Funding Opportunities    Tuesday, February 7, 2023 Stakeholder Listening Session for the Section 538 Guaranteed Rural Rental Housing Program (GRRHP) Updates The USDA Rural Development (RD)…

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