Author Archives: Tamara Schultz

HUD: Expiration of COVID-19 Emergency and Impact on HUD-Assisted Residents; CNA eTool for Asset Management

On April 13, 2023, HUD’s Office of Multifamily Housing sent out the following information: Important changes are underway in COVID-related policies. Effective April 1, 2023, states have restarted yearly Medicaid and Children’s Health Insurance Program (CHIP) eligibility reviews, and the Emergency Allotments for Supplemental Nutritional Assistance Program (SNAP) ended in March 2023. Join HUD, the…

CARH Scholarship Foundation Application Deadline Extended to May 10th – Encourage Residents to Apply ASAP!

SCHOLARSHIP APPLICATION UPDATE April 12, 2023 Dear CARH Members: The CARH Scholarship Foundation (Foundation) has extended the deadline for accepting scholarship applications to Wednesday, May 10, 2023.If you have not already done so, please contact your onsite property managers and let them know about the CARH Scholarships so that they can encourage their eligible residents…

REMINDER: CARH’s Top 20 for 23 Survey – Complete This Year’s Survey Today!

REMINDER             REMINDER             REMINDER   CARH’S BROADCAST EMAIL – Member Update April 11, 2023 As announced in a March 13th broadcast email, CARH is inviting you to complete CARH’s Top 20 for 23 survey (formerly the CARH 2020 survey). This is the 9th year that CARH has conducted the survey which, when completed and analyzed, will…

Multifamily Housing Partnership Updates – Thursday, April 20 – 3:00 p.m. Eastern

On April 7, 2023, RD’s Multifamily Housing sent out the following information: 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 updates to our customers. To join us for this meeting on Thursday, April 20, 2023, at 3:00…

FASB Improves Accounting for Investments in Tax Credit Structures

March 29, 2023 — FASB Press Release Printout of Press Release below: The Financial Accounting Standards Board (FASB) today issued an Accounting Standards Update (ASU) that improves the accounting and disclosures for investments in tax credit structures. The ASU is a consensus of the FASB’s Emerging Issues Task Force (EITF). The ASU allows reporting entities to elect…

REMINDER: CARH Scholarship Foundation Applications for 2023 Scholarships Due April 30th!

REMINDER             REMINDER             REMINDER March 29, 2023 Dear CARH Members: As has been previously announced, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation (Foundation) is currently accepting applications for the 2023 Scholarships! The Foundation is offering seven scholarships to deserving students from CARH-member affordable rural housing properties. Each scholarship is $2,000 per semester for…

RD: Build America, Buy America Act (BABAA) Stakeholder Resources Available Online

On March 29, 2023, Rural Development’s Office of Multifamily Housing issued the following information: The Build America, Buy America Act, enacted as part of the Infrastructure Investment and Jobs Act (IIJA) on November 15, 2021, focuses on maximizing the federal government’s use of services, goods, products, and materials produced and offered in the United States.…

Staples: A CARH Preferred Buyer – Savings for Your Business While Supporting CARH

CARH’S BROADCAST E-MAIL – Member Update March 28, 2023 One of the many benefits of national CARH membership is the opportunity for companies to participate in CARH’s Preferred Buyers program. We have been able to combine the size and strength of our membership to negotiate national supplier agreements at preferred pricing with large national vendors: …

HUD Updates – 1) NSPIRE: Request for Comments on Proposed Scoring Notice; 2) Revisions to Chapter 9, Section 8 Renewal Policy Guidebook

CARH’S BROADCAST E-MAIL – Regulatory Alert March 28, 2023 1) NSPIRE: Request for Comments on Proposed Scoring Notice On March 28th, published a Federal Register Notice entitled, Request for Comments: National Standards for the Physical Inspection of Real Estate and Associated Protocols [NSPIRE], Proposed Scoring Notice.” According to information from HUD’s Asset Management Division: “HUD…

HUD Publishes Updated Guidance for Section 8 Project-Based Rental Assistance Contract Renewals

On March 27, 2023, HUD published a press release, notifying stakeholders that the Office of Multifamily Housing Programs released updated guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance (PBRA) program. The changes in Chapter Nine of HUD’s Section 8 Renewal Policy Guidebook are designed to streamline the contract renewal process…