Final Rule on RD Reserve Account Administration

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…

Final Rule – Multifamily Housing Section 538 Guaranteed Rural Rental Housing Prioritization Criteria

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…

Plan to Attend the 2024 Annual Meeting & Legislative Conference – Register by April 30 to Receive “Early Bird” Discount!

CARH BROADCAST E-MAIL – Annual Meeting Update March 19, 2024 Dear Friends, We are excited to announce that the 2024 Council for Affordable Rural Housing (CARH) Annual Meeting & Legislative Conference will be held on June 24-26 at The Ritz-Carlton, Pentagon City in Arlington, Virginia, conveniently located across the Potomac River from Washington, DC, and…

RD Unnumbered Letter to MFH Staff Re Administrator Exception – Housing Opportunity Through Modernization Act Implementation

On March 4, 2024, RD issued an Unnumbered Letter to provide notice to Multifamily Housing (MFH) staff of the Administrators Exception related to an upcoming regulation change resulting from the Housing Opportunity Through Modernization Act (HOTMA). On March 6, RD issued the following Stakeholder Announcement on the UL: Washington D.C, March, 06, 2024 –The Rural…