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April 9, 2021 — The Hill Biden $1.5T budget proposes major hike in social programs

BROADCAST EMAIL – Regulatory Update Rural Development (RD) published an Unnumbered Letter (UL) dated April 5, 2021, entitled The American Rescue Plan Act of 2021 Emergency Rental Assistance for Rural Housing. The UL provides guidance for Multifamily Field Operations staff on the eligibility and selection criteria for the distribution of $100 million in Section 521…

CARH’S BROADCAST E-MAIL – Member Update One of the many benefits of national CARH membership is the opportunity for companies to participate in CARH’s Preferred Buyers program. We have been able to combine the size and strength of our membership to negotiate national supplier agreements at preferred pricing with large national vendors:  HD Supply, ONLINE…

April 1, 2021 — The Hill White House hopes to see infrastructure bill passed by summer

CARH’S BROADCAST E-MAIL – Regulatory Alert Today, the Department of Housing and Urban Development (HUD) released Fiscal Year (FY) 2021 Income Limits. These income limits are effective today, April 1, 2021. Income limits are set by HUD to determine the eligibility of applicants for HUD’s assisted housing programs. Section 8 Fair Market Rent (FMR) area…

OCC Promotes April as National Financial Capability Month

On March 31, 2021, the White House released the Fact Sheet: The American Jobs Plan, a $2.25 trillion infrastructure proposal with several investments in housing.

CARH’S BROADCAST E-MAIL – Member Update The March 2021 edition of CARH’s Insights for On-sites has just been published and printed copies are in the process of being mailed to CARH members and CARH-member properties. A PDF version can also be viewed and downloaded by clicking here, or by visiting the Resources/Publications section of CARH’s…

BROADCAST EMAIL – Regulatory Update 1) Treasury Issues Updated FAQs on the Emergency Rental Assistance Program On March 26, 2021, the Department of Treasury posted an updated version of the Frequently Asked Questions (FAQs) for the Emergency Rental Assistance Program (ERAP). The 2021 Consolidated Appropriations Act established the ERAP, administered by the Secretary of the…

On March 26, 2021, the Department of Treasury issued updated their Frequently Asked Questions (FAQs) regarding the Emergency Rental Assistance Program. The update adds one item which outlines the criteria for administrative expenses by allowing grantees to use not more than 10 percent of the amount paid to a grantee for administrative costs attributable to…