On April 11, 2024, HUD’s Office of Multifamily Housing sent out the following information: Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon invites interested parties to join a stakeholder listening session to share their feedback on HUD’s proposed modifications to the Performance-Based Contract Administrator (PBCA) program. “The PBCA program is essential to…
On April 10, HUD sent the following information: Please join us for the FY23 Section 202 Supportive Housing for the Elderly Notice of Funding Opportunity (NOFO) Webinar on Wednesday, April 17, 2024, from 2:00pm to 3:30pm EST. This webinar will provide a general overview of the NOFO, highlighting key application topics. The FY23 Section 202…
On April 10, HUD sent out the following information: The deadline for the Service Coordinator Notice of Funding Opportunity (NOFO), announced on December 15, 2023, was extended. The new application deadline is May 23, 2024, at 11:59pm EST. The funding amount available is $40 million dollars and will be used to fund 3-year grants for both…
CARH’S BROADCAST E-MAIL – Regulatory Update April 3, 2024 Recently, the Rural Development (RD) and the Department of Housing & Urban Development (HUD) published the following notices in the Federal Register: Rural Housing Service: 30-Day Notification of Nonpayment of Rent in Multi-Family Housing Direct Loan Programs Final Rule dated March 25, 2024. Rural Housing Service…
CARH’S BROADCAST E-MAIL – Regulatory Alert April 3, 2024 Yesterday, the U.S. Department of Housing and Urban Development (HUD) ) released Fiscal Year (FY) 2024 Income Limits for a variety of HUD housing programs, including the Housing Credit and Multifamily Bond programs. Income limits determine the top-most income level for households eligible to receive HUD rental…
On March 28, 2024, HUD’s Off of Multifamily Housing Programs sent out the following information: Energy and Water Benchmarking Assistance Opportunity Available Now HUD’s Office of Multifamily Housing Program’s new energy and water benchmarking service is available at no cost to owners of properties participating in eligible Multifamily project-based rental assistance programs. Funded under the Biden-Harris Administration’s landmark Inflation Reduction Act, this new service is designed…
On March 25, 2024, HUD’s Office of Housing sent the following information: Owners and Operators, HUD would like to remind owners/agents participating in HUD Multifamily project-based rental assistance programs of flexibilities using recertifications to help support residents who are in rent arrears, and accompanying requirements: Interim recertifications. Tenants may request an interim recertification due to…
CARH’S BROADCAST E-MAIL – Regulatory Update March 19, 2024 On March 18, the Rural Housing Service published a Final Rule in the Federal Register entitled, Changes Related to Reserve Account Administration in Multi-Family Housing (MFH) Direct Loan Programs. The regulation becomes effective on April 17, 2024. According to the final regulation, the general operating account…
CARH’S BROADCAST E-MAIL – Regulatory Update March 20, 2024 Today, Rural Development’s Office of Multifamily Housing issued the following Stakeholder Announcement: The Rural Housing Service Office of Multifamily Housing (MFH) published a final rule on March 19, 2024 (Federal Register) to amend the current regulation for the MFH Section 538 Guaranteed Rural Rental Housing Program…
CARH’S BROADCAST EMAIL – MEMBER UPDATE March 20, 2024 Once again, it’s time for your company to participate in CARH’s Top 20 for 24 survey (formerly the CARH 2020 survey). This is the 10th year that CARH has conducted the survey which, when completed and analyzed, will rank the top 20 rural housing developers, managers,…