On April 10, HUD sent out the following information: The deadline for the Service Coordinator Notice of Funding Opportunity (NOFO), announced on December 15, 2023, was extended. The new application deadline is May 23, 2024, at 11:59pm EST. The funding amount available is $40 million dollars and will be used to fund 3-year grants for both…
CARH’S BROADCAST E-MAIL – Regulatory Update April 3, 2024 Recently, the Rural Development (RD) and the Department of Housing & Urban Development (HUD) published the following notices in the Federal Register: Rural Housing Service: 30-Day Notification of Nonpayment of Rent in Multi-Family Housing Direct Loan Programs Final Rule dated March 25, 2024. Rural Housing Service…
CARH’S BROADCAST E-MAIL – Regulatory Alert April 3, 2024 Yesterday, the U.S. Department of Housing and Urban Development (HUD) ) released Fiscal Year (FY) 2024 Income Limits for a variety of HUD housing programs, including the Housing Credit and Multifamily Bond programs. Income limits determine the top-most income level for households eligible to receive HUD rental…