HUD: Multifamily Posts Draft Notice to Close the Qualified Contract Loophole in the Low-Income Housing Tax Credit Program Housing
On August 15, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: Today, the Office of Multifamily Housing Programs is seeking feedback on the Multifamily Drafting Table from stakeholders regarding new guidance that would require applicants for Federal Housing Administration (FHA) Multifamily rental and Risk Share transactions to waive their qualified contract…