RD Unnumbered Letter to MFH Staff Re Administrator Exception – Housing Opportunity Through Modernization Act Implementation

On March 4, 2024, RD issued an Unnumbered Letter to provide notice to Multifamily Housing (MFH) staff of the Administrators Exception related to an upcoming regulation change resulting from the Housing Opportunity Through Modernization Act (HOTMA). On March 6, RD issued the following Stakeholder Announcement on the UL: Washington D.C, March, 06, 2024 –The Rural…

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HUD Multifamily — Managing HUD Multifamily Properties: Back-to-Basic Video Series

On March 1, 2024, HUD sent out the following information: This video series is intended for owners and management agents of HUD-assisted and/or insured multifamily properties, particularly those whose properties have converted through the Rental Assistance Demonstration (RAD) Program and are now under the jurisdiction of HUD’s Office of Asset Management and Portfolio Oversight (OAMPO).…

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HUD Posts Existing Policy on Non-Rent Fees for Subsidized MFH Programs to Drafting Table; HUD Publishes Budget Based Rent Adjustments for M2M Properties Notice

CARH’S BROADCAST E-MAIL – Regulatory Update March 1, 2024 1)  Existing Policy on Non-Rent Fees for Subsidized Multifamily Housing Programs Posted to Drafting Table On February 29, HUD’s Office of Multifamily Housing Programs issued the following information: This guidance provides a summary of existing policy regarding the fees that owners of HUD-subsidized multifamily properties are…

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Stakeholder Announcement: RD to Host a Forum for OneRD Guarantee Lenders on Data Needs Related to Secondary Market Activities

RD issued the following Stakeholder Announcement on February 28, 2024: USDA Rural Development is seeking participants for a Lender Forum to better understand the data and tools needed by participating lenders, purchasers of guaranteed loans and other stakeholders on the OneRD Guarantee website.  Space in the forum will be limited please register at the link…

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Stakeholder Announcement: RD to Host OneRD Guarantee Lender Office Hours

On February 28, 2024, RD sent out the following Stakeholder Announcement: USDA Rural Development invites current or prospective OneRD Guarantee lenders to join program leadership for office hours on March 13, 2024 from 11:00 AM – 12:30 PM Eastern Time. OneRD Guarantee leadership from the Business and Industry, Community Facilities, Rural Energy for America Program…

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HUD: Registration Link for the Capital Needs Assessment (CNA) eTool Walkthrough on February 29, 2024

The following information was sent from HUD on February 27, 2024: Good afternoon, Some recipients of the RADblast! published on Tuesday, February 27, have experienced difficulties accessing the link to the registration for the “Capital Needs Assessment eTool (CNA eTool) Walkthrough and Updates for RAD Participants.” The session is scheduled for February 29, 2024 from…

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RD: Fiscal Year 2023 Multifamily Housing (MFH) Annual Occupancy Report

On February 22, 2024, Rural Development sent out the following Stakeholder Announcement: The Rural Housing Service is pleased to announce the Fiscal Year (FY) 2023 Multi-Family Housing (MFH) Annual Occupancy Report.  The report provides the annual statistical data regarding the characteristics of occupancy in Section 515 Rural Rental Housing (RRH) and Section 514 Farm Labor…

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