Update on Funding and Legislation in Support of Housing and Housing Credits – CARH Member Action Requested

CARH’s Broadcast Email—Legislative Alert CARH, as well as many other housing organizations, have been working around the clock on advocating that appropriate funding is provided for all housing programs and that the Housing Credit and Housing Bond programs are enhanced. Specifically, yesterday the ACTION Campaign, which CARH is a steering committee member, put out a…

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ACTION Campaign Advocacy Request — Housing Credit Provisions at Risk for Cuts in Reconciliation Negotiations

The following information was sent by the ACTION Campaign, which CARH is a steering committee member. We urge all CARH members to reach out to your members of Congress and address these talking points: Negotiations surrounding the $3.5 trillion legislative package known as the Build Back Better Act are ongoing – with Members of Congress looking to…

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FHFA Announces 2022 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac

BROADCAST EMAIL – Regulatory Update FHFA sent out the following announcement on 2022 Multifamily Loan Purchase Caps: The Federal Housing Finance Agency (FHFA) today announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $78 billion for each Enterprise, for a combined total of $156 billion to…

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HUD – COVID-19 Supplemental Payments FAQ & Draft Request Form Now Available

HUD’s Office of Multifamily Housing Programs published Frequently Asked Questions for the COVID-19 Supplemental Payments Notice. The draft version of the HUD 52671-E CSP Request  is now available and includes a built-in minimum expected funding calculator. Automated tabulation features in the form may not work in all PDF readers. To ensure full functionality, use of…

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Multifamily Housing Applicant Follow-up – October 15th Deadline

BROADCAST EMAIL – Regulatory Update Today, Dan Rogers, Director, Production and Preservation Division in Rural Development’s Office of Multifamily Housing sent out the following deadline notice to applicants that have communicated a need to close on projects by the end of the year and have outstanding issues: Applicant Follow Up: October 15 Deadline The Office…

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HUD Establishes Certain Operating Cost Adjustment Factors for 2022

CARH’S BROADCAST E-MAIL – Regulatory Update In yesterday’s Federal Register, the Department of Housing & Urban Development published a Notice that establishes operating cost adjustment factors (OCAFs) for project-based assistance contracts issued under Section 8 of the United States Housing Act of 1937 and renewed under the Multifamily Assisted Housing Reform and Affordability Act of…

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