HUD: Department of Labor Publishes Final Rule Updating Davis-Bacon and Related Acts Regulations

On October 23, 2023, HUD’s Office of Multifamily Housing sent out the following bulletin:   Dear Multifamily Housing Partners, On August 23, 2023, the Department of Labor (DOL) published the final rule that updates regulations issued under the Davis-Bacon and Related Acts. This is the first comprehensive regulatory review in nearly 40 years. Revisions to these regulations…

HUD: Multifamily Disaster Preparedness Plan Template Available

On October 18, 2023, HUD Office of Multifamily Housing Programs sent out the following information: What is the Multifamily Disaster Preparedness Plan Template? The Multifamily Disaster Preparedness Plan Template is a resource to help HUD-assisted multifamily owners and Public Housing Authorities (PHAs) produce property-specific plan(s) to protect resident life and safety during a disaster. This template…

RD: Multifamily Housing Partnership Updates – Join Next Live Meeting on November 2 at 3:00 p.m., Eastern

On October 17, 2023, RD Office of Multifamily Housing sent out the following information: Multifamily Housing Partnership Updates Date: Thursday, November 2, 2023 | Time: 3:00 p.m. Eastern Time Join USDA Rural Development Multifamily Housing (MFH) leadership to receive updates on MFH programs.  USDA Rural Development MFH Field Operations staff hold these quarterly to provide…

HUD: Section 811 Capital Advance and Section 811 Project Rental Assistance Contract Notices of Funding Opportunity

On October 12, 2023, HUD’s Deputy Assistant Secretary for Multifamily Housing sent out the following information: HUD’s Office of Multifamily Housing Programs today made available $212 million in funding opportunities to expand the supply of affordable housing and supportive services for very-low and extremely-low-income persons with disabilities. The funding is available for two components of the…

RD: Preliminary Assessment Tool (PAT) Version 8.3.1 Release

On October 6, 2023, RD’s Office of Multifamily Housing sent out the following information:   On October 2, 2023, Rural Development (RD) released Version 8.3.1 of the Preliminary Assessment Tool (PAT).  RD underwriters use the PAT to document Multifamily Housing (MFH) transfer and Multifamily Preservation and Revitalization (MPR) credit-extending or loan modification decisions for assets…

August/September 2023 Edition of CARH News

CARH’S BROADCAST E-MAIL – CARH News October 5, 2023 The August/September 2023 edition of CARH News, CARH’s bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Counsel’s Corner: HUD Issues Supplemental RAD Notice Increased Tax Credits for LIHTC Developers Supply and Demand Imbalance…

HUD Awards $160.1 Million in Grants to Create and Preserve Affordable Housing for Low-Income Seniors

On October 3, HUD’s Office of Housing sent out the following information below. Click here for the related Press Release: Section 202 Award Announcement Dear Owners and Operators, HUD’s Office of Multifamily Housing announced the award of $160.1 million in grant funding to non-profit organizations across the country to support the development of new or redeveloped…

HUD Notices on NSPIRE and HOTMA

CARH’S BROADCAST E-MAIL – Regulatory Update September 29, 2023 HUD issued the following notices today: PIH 2023-28 (September 29, 2023) – Implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE) Administrative Procedures for the Housing Choice Voucher (HCV) Programs – This notice finalizes the administrative procedures of National Standards for the Physical…