CARH’S BROADCAST E-MAIL – Regulatory Update August 7, 2024 In preparation for the upcoming 2025 proposed budget submissions, on August 5th Rural Development issued a Stakeholder Announcement sharing a proposed budget training for stakeholders that focused on Form RD 3560-7. As you know, proposed budget submissions are due 90 days prior to start of the…
On August 6, 2024, HUD’s Office of Multifamily Housing published the following information: Today, the Office of Multifamily Housing Programs, published the Disbursing Multifamily Mortgage Proceeds: Permitting Mortgagees to Disburse Mortgage Proceeds with Mortgagor-Provided Funds proposed rule in the Federal Register for public comment to modernize regulation in 24 CFR § 200.54(b). The deadline for public comment…
CARH’s BROADCAST EMAIL—Legislative Alert August 2, 2024 On August 1, Senators Jerry Moran (R-KS) and Mark Warner (D-VA) introduced legislation (S. 4933) to amend the Internal Revenue Code to clarify that the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac are able to participate in partnerships that are crucial for low-income housing investments. Companion…