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…
Rural Development released an Unnumbered Letter (UL) dated March 21, 2023, which includes the “Results of the 2022 Multi-Family Housing Annual Fair Housing Occupancy Report”.
Rural Development’s Office of Multifamily Housing Stakeholder Information Session entitled, Availability of Section 515 Rural Rental Housing Subsequent Loans, scheduled for March 23, 2023 was rescheduled to March 30, 2023 at 2:00 p.m. Eastern. Click here to register. NOTE: If you had registered for the March 23rd session, you MUST re-register for the March 30th…
On March 22, 2023 – HUD’s Multifamily Housing Asset Management sent out the following information: Multifamily Housing Partners, Today, in an effort to address complexities associated with Section 8 Project-based Rental Assistance (PBRA) Housing Assistance Payment (HAP) contract bifurcations, in which single HAP contracts are divided into two or more HAP contracts following HUD approval, the Office…
CARH’s BROADCAST EMAIL—Legislative Alert March 17, 2023 On Thursday, March 9, 2023, the Biden Administration unveiled the blueprint for its proposed $6.8 trillion budget for Fiscal Year (FY) 2024. Details of the proposed budget were then released on Monday, March 13, 2023. The proposed budget would provide $668 billion in funding for non-defense programs, up…
On March 17, 2023, HUD sent out the following “Office of Multifamily Housing Asset Management” alert: Multifamily Housing Partners, Multifamily has drafted a memorandum summarizing changes enacted to the Violence Against Women Act as part of The VAWA Reauthorization Act of 2022 (VAWA 2022). The memo identifies changes that are relevant to Multifamily stakeholders, identifying…
CARH’S BROADCAST E-MAIL – CARH News March 14, 2023 The January/February 2023 edition of CARH News, CARH’s bimonthly electronic newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: CARH Midyear Meting Summary CARH Scholarships Increased for 2023 Recipients Board of Directors Review Committee Recommendations Counsel’s…
CARH’S BROADCAST EMAIL – MEMBER UPDATE March 13, 2023 Once again, it’s time for your company to participate in 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 rank the top 20 rural housing developers, managers,…
CARH’S BROADCAST E-MAIL – Member Update March 13, 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: …
On March 9th, after President Biden released his Fiscal Year 2024 budget blueprint, the White House released: “FACT SHEET: President Biden’s Budget Lowers Housing Costs and Expands Access to Affordable Rent and Home Ownership.”