HUD — Reminder: HOTMA May 31 Deadline

On May 30, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: Owners and Agents, Please be advised that MFH Owners’  Tenant Selection Plans (TSPs) and Enterprise Income Verification (EIV) Policies and Procedures must be updated and made publicly available by May 31, 2024, as stated in Notice H 2023-10 and Notice H 2024-04, which outline…

EPA Launches Campaign to Unlock Whole-Building Energy Data for Multifamily Buildings

On May 21, 2024, the Environmental Protection Agency sent out the following information:   The Environmental Protection Agency (EPA) just announced its Whole-Building Energy Data Campaign to assist building owners in communicating the need for whole-building energy use data to utilities. Provide Your Input on Access to Whole-Building Energy Use Data EPA is seeking input…

March/April Edition of CARH News

CARH’S BROADCAST E-MAIL – CARH News May 10, 2024 The March/April 2024 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: Annual Meeting is June 24-26 HUD Issues Proposed Rule on Changes to Criminal Screening Procedures Navigating the…

HUD: Feedback Requested on Draft Environmental Reporting Requirements for Certain Asset Management Preservation Transactions Notice

On April 26, 2024, HUD’s Office of Multifamily Asset Management sent out the following information: The Office of Multifamily Housing Programs published a Environmental Reporting Requirements for Certain Asset Management Preservation Transactions draft notice to the multifamily housing policy drafting table for feedback. This notice summarizes and clarifies existing environmental reporting and review requirements for…

HUD Increases Wind and Named Storm Insurance Coverage Deductible Amount

On April 18, 2024, HUD sent out the following information: Today, HUD’s Office of Multifamily Housing published a Mortgagee Letter & Housing Notice, revising our Federal Housing Administration (FHA) Multifamily property insurance requirements for wind and named storm coverage by increasing the maximum casualty insurance deductible amount for wind or named storm coverage to the…

USDA to Host Community Roundtable on May 2 to Ensure Rural Housing Tenants Know Their Rights and Protections

On April 18, 2024, USDA sent out the following information: WASHINGTON, April 18, 2024: U.S. Department of Agriculture (USDA) Rural Development Under Secretary Dr. Basil Gooden announced today that the Department will host a community roundtable on Thursday, May 2 from 2:00 to 3:30 p.m. ET, to ensure tenants of USDA-financed properties know and understand…