The January/February 2020 digital edition of CARH News, the Council for Affordable and Rural Housing’s (CARH) bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or for viewing by clicking here. In this issue, you will find: CARH Presents Coveted Awards at 2020 Midyear Meeting CARH Board of Directors Convened at CARH Midyear…
Today, CARH sent this letter in support of H.R. 5187, Housing is Infrastructure Act of 2019, to the Chair and Ranking Member of the House Financial Services Committee.
CARH’S BROADCAST EMAIL – Budget Update On February 10, the Trump Administration formally unveiled its proposed $4.8 trillion Fiscal Year (FY) 2021 budget proposal. The proposed budget for FY 2021 mirrors the proposed budget for the last three fiscal years in that many domestic programs would be cut or eliminated. Despite Congress’ repeated rejections, the…
On February 7, 2020, HUD’s Office of Multifamily Housing announced $51.6 million in grants have been awarded through the Section 202 Capital Advance NOFA. According to their statement, “under the Section 202 Supportive Housing for the Elderly program, the Office of Multifamily Housing provides upfront capital advances to nonprofit sponsors to finance the development of…
The CARH Scholarship Foundation is pleased to announce that you can now shop and earn money for the CARH Scholarship Fund (a 501(c)3 tax-exempt organization) through AmazonSmile! AmazonSmile offers all of the same items, prices, and benefits of Amazon.com, but with one distinct difference – when users shop on AmazonSmile, the AmazonSmile Foundation contributes 0.5%…
BROADCAST EMAIL – Regulatory Update As you will recall from CARH’s December 16, 2019, Broadcast Email, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation jointly announced that they would soon publish in the Federal Register a notice to revise the Community Reinvestment Act (CRA) regulations. The Notice of Proposed…
CARH’s BROADCAST EMAIL – Regulatory and Legislative Update 1) HUD Request for Information On November 22, 2019, HUD published Notice in the Federal Register on their Request for Information to Eliminate Regulatory Barriers to Affordable Housing. This follows up the White House Council on Eliminating Regulatory Barriers to Affordable Housing, at which CARH’s Executive Director, Colleen…
CARH’s BROADCAST EMAIL – Legislative Update Prior to the end of the First Session of the 116th Congress, the House and Senate passed two minibus spending bills for Fiscal Year (FY) 2020, totaling $1.4 trillion. One bill was for domestic programs (H.R. 1865, enacted as P.L. 116-94) and the other was primarily national security funding…