September 28th at 2:00 p.m. Eastern – USDA Meeting on Housing Resources for Rural America

BROADCAST EMAIL – Regulatory Update USDA sent out the following information on today’s virtual meeting on housing resources for rural America: Register in advance for this meeting: https://www.zoomgov.com/meeting/register/vJIscuCqrDouGlVX1ylCoK2MvdBD4dpdaPM  Date:   September 28, 2021 Time:  2:00 – 3:00 p.m., Eastern The purpose of this meeting is to share information about the U.S. Treasury’s Emergency Rental Assistance (ERA) Program…

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Emergency Rental Assistance Program Webinar & Slides Now Available

HUD’s Office of Multifamily Housing sent out the following information regarding the September 23 webinar regarding the Emergency Rental Assistance Program: The recording of the September 23, 2021, HUD and Treasury Emergency Rental Assistance webinar is now available. View it on YouTube and access the presentation slides here. Treasury’s Emergency Rental Assistance (ERA) program makes funding available to assist households…

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Reconciliation Legislation Advances from House Financial Services Committee and Ways and Means Committee—Historic Funding Proposed for Affordable Housing

CARH’s Broadcast Email—Legislative Alert Issue As reported in CARH’s August 26, 2021, Broadcast Email, both the House and Senate passed a budget resolution which would authorize $3.5 trillion in spending and taxes during Fiscal Year (FY) 2022 and in many instances, for several additional years. The budget resolution passed by both the House and Senate…

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ACTION Campaign Sends Letter to House Ways & Means Committee in Support of Proposals to Increase Housing Credit Production

On September 13, 2021, the ACTION Campaign, which CARH is a member of the steering committee, sent a letter to the House Ways and Means Committee Chair Richard Neal in support of the proposals to increase Housing Credit production. The ACTION Campaign and CARH will continue to weigh in with House and Senate leadership and…

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Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022

BROADCAST EMAIL – Regulatory Update To today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2022” for purposes of the low-income housing tax credit (LIHTC). LIHTC developments in DDAs or QCTs are eligible for as much as 30 percent more LIHTC subsidy. The designations…

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