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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…

On October 3, HUD’s Office of Housing sent out the following information below. Click here for the related Press Release: Section 202 Award Announcement Dear Owners and Operators, HUD’s Office of Multifamily Housing announced the award of $160.1 million in grant funding to non-profit organizations across the country to support the development of new or redeveloped…

CARH’S BROADCAST E-MAIL – Regulatory Update September 29, 2023 HUD issued the following notices today: PIH 2023-28 (September 29, 2023) – Implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE) Administrative Procedures for the Housing Choice Voucher (HCV) Programs – This notice finalizes the administrative procedures of National Standards for the Physical…

Nixon Peabody, CARH’s General Counsel, published the following Affordable Housing Alert on September 29: What a Government Shutdown will Mean for Affordable Housing

CARH’s BROADCAST EMAIL –Regulatory Update September 28, 2023 Congress has until midnight on September 30th to either pass Fiscal Year 2024 Appropriations bills or pass a short-term continuing resolution that would keep the government funded while appropriations talks continue. As of today, the House and Senate remain far apart on funding levels. A government shutdown…

On September 28, 2023, Rural Development published the following Stakeholder Announcement: On Oct. 1, USDA will Begin Using Most Recent Census Data to Determine Eligibility for Rural Development Programs

CARH’S BROADCAST E-MAIL – Regulatory Update September 21, 2023 This afternoon, Ethan Handelman, Deputy Assistant Secretary for HUD’s Office of Multifamily Housing Programs sent out the following information: It is my pleasure to announce Jen Larson as the Director of the Multifamily Office of Asset Management and Portfolio Oversight (OAMPO). Prior to her new position,…

CARH’S BROADCAST E-MAIL – Regulatory Update September 21, 2023 In today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2024” 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…