CARH’S BROADCAST E-MAIL – Regulatory Update August 31, 2023 1) HUD Updates Fair Market Rents for Fiscal Year (FY) 2024 The Department of Housing and Urban Development (HUD) published a Notice in today’s Federal Register on the Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs;…
On August 28, 2023, RD’s Office of Multifamily Housing sent out the following information: Rural Housing Service is pleased to announce guidance on the treatment of financial benefits from solar programs participation realized by Rural Development (RD) multifamily housing owners or tenants. These benefits are a result of participation in a community solar program…
On August 24, 2023, RD’s sent out the following information: Good Afternoon Industry Partners, Prior to realignment and occasionally within the realigned model, the Processing and Report Review Branch has often provided relief to 515, 514/516 FLH, MPR, 538, and Transfer applicants submitting application documents and third-party documents prior to the submission of a…
On August 24, 2023, Rural Development sent their Innovation Matters bulletin. This bulletin provides information on funding opportunities, publications, and events and learning. Click here to read the Innovation Matters bulletin.
Over the summer, the White House announced next steps for rolling out historic broadband deployment funding through the National Telecommunications and Information Administration’s (NTIA) Broadband Equity, Access, and Deployment Program (BEAD Program). This much anticipated announcement will guide the disbursement of broadband infrastructure funds totaling more than $42.5 billion, a portion of which can be…
On August 21, 2023, HUD’s Office of Multifamily Housing Programs sent out the following information: Today, HUD published a Notice in the Federal Register effectuating the changes in the RAD Supplemental Notice (H-2023-08/PIH-2023-19). As a reminder, certain sections of the Notice are effective immediately while others have a grace period. Please see the summary below: Supplemental Notice…
On August 16, 2023, HUD sent out the following information: On August 16, 2023, HUD announced a package of regulatory and administrative waivers to allow the use HUD funding to help communities in Maui and the Island of Hawai’i accelerate their recovery from the wildfires. The announcement follows support HUD provided to families on August 11,…
The following information was sent from HUD’s Deputy Assistant Secretary for Multifamily Housing: The first application review period (wave) for the Green and Resilient Retrofit Program (GRRP) Comprehensive Awards will close in approximately two weeks at 11:59 PM ET on August 31, 2023. Applications submitted after this deadline will be eligible for three subsequent…
BROADCAST EMAIL – Regulatory Update August 7, 2022 On August 4th, Rural Development (RD) published Procedural Notice (PN) 589 announcing management fees for Fiscal Year (FY) 2024. Management fees will vary from state-to-state because RD based this year’s increase on HUD’s Operating Cost Adjustment Factor (OCAF) which varies based on location in the country and…
On August 4, 2023, HUD’s Office of Multifamily Housing Programs sent out the following information: The U.S. Department of Housing and Urban Development published updated guidance for owners of properties participating in HUD Multifamily Assisted Housing programs regarding the treatment of financial benefits received from participation in community solar energy programs or the presence…