CARH’S BROADCAST E-MAIL – Regulatory Alert April 3, 2024 Yesterday, the U.S. Department of Housing and Urban Development (HUD) ) released Fiscal Year (FY) 2024 Income Limits for a variety of HUD housing programs, including the Housing Credit and Multifamily Bond programs. Income limits determine the top-most income level for households eligible to receive HUD rental…
On March 28, 2024, HUD’s Off of Multifamily Housing Programs sent out the following information: Energy and Water Benchmarking Assistance Opportunity Available Now HUD’s Office of Multifamily Housing Program’s new energy and water benchmarking service is available at no cost to owners of properties participating in eligible Multifamily project-based rental assistance programs. Funded under the Biden-Harris Administration’s landmark Inflation Reduction Act, this new service is designed…
On March 25, 2024, HUD’s Office of Housing sent the following information: Owners and Operators, HUD would like to remind owners/agents participating in HUD Multifamily project-based rental assistance programs of flexibilities using recertifications to help support residents who are in rent arrears, and accompanying requirements: Interim recertifications. Tenants may request an interim recertification due to…
CARH’S BROADCAST E-MAIL – Regulatory Update March 19, 2024 On March 18, the Rural Housing Service published a Final Rule in the Federal Register entitled, Changes Related to Reserve Account Administration in Multi-Family Housing (MFH) Direct Loan Programs. The regulation becomes effective on April 17, 2024. According to the final regulation, the general operating account…
CARH’S BROADCAST E-MAIL – Regulatory Update March 20, 2024 Today, Rural Development’s Office of Multifamily Housing issued the following Stakeholder Announcement: The Rural Housing Service Office of Multifamily Housing (MFH) published a final rule on March 19, 2024 (Federal Register) to amend the current regulation for the MFH Section 538 Guaranteed Rural Rental Housing Program…
CARH’S BROADCAST EMAIL – MEMBER UPDATE March 20, 2024 Once again, it’s time for your company to participate in CARH’s Top 20 for 24 survey (formerly the CARH 2020 survey). This is the 10th year that CARH has conducted the survey which, when completed and analyzed, will rank the top 20 rural housing developers, managers,…
CARH BROADCAST E-MAIL – Annual Meeting Update March 19, 2024 Dear Friends, We are excited to announce that the 2024 Council for Affordable Rural Housing (CARH) Annual Meeting & Legislative Conference will be held on June 24-26 at The Ritz-Carlton, Pentagon City in Arlington, Virginia, conveniently located across the Potomac River from Washington, DC, and…
Last week, Marsha Fudge announced her resignation as HUD Secretary, effective March 22, 2024. Adrianne Todman, current Deputy Secretary, will assume the position of Acting Secretary, effective March 22, 2024. Read more here.
March 5, 2024 — Department of Treasury Treasury Department Announces New Efforts to Increase Housing Supply in the United States March 5, 2024 –– Department of Treasury Treasury’s Housing Agenda
March 11, 2024 — Statement from HUD Secretary Marsha Fudge