BROADCAST EMAIL – Regulatory Update On April 23, 2021, Department of Housing & Urban Development (HUD) Secretary Marcia Fudge announced that on June 1, 2021, HUD will resume Real Estate Assessment Center (REAC) inspections. The Secretary also issued a letter to all Public Housing Agencies (PHAs) and Multifamily property owners/agents (POAs) regarding the importance of…
CARH’S BROADCAST E-MAIL – Legislative Update On April 15, 2021, S. 1136 and H.R. 2573, the Affordable Housing Credit Improvement Act (AHCIA) of 2021 was introduced. Jenny Durkan, Mayor of Seattle, is leading a letter, in partnership with the ACTION Campaign (which CARH is a steering committee member), to support the recently reintroduced bipartisan, bicameral…
Dear CARH Members: The CARH Scholarship Foundation has extended the deadline for accepting scholarship applications to May 31, 2021. If you have not already done so, please contact your on-site property managers to let them know about the CARH Scholarships so that they can safely encourage their residents to apply immediately! Click here for a…
CARH’S BROADCAST E-MAIL – Member Update 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: HD Supply, ONLINE…
The Federal Housing Finance Agency (FHFA) is hosting a virtual public listening session to facilitate public engagement around the topic of multifamily access for small lenders. FHFA is interested in learning how small multifamily lenders, such as depository institutions, CDFIs, credit unions, and housing finance agencies, might gain access to Fannie Mae and Freddie Mac…
CARH’S BROADCAST E-MAIL – Member Update CARH, together with the Institute of Real Estate Management, National Affordable Housing Management Association, National Apartment Association, National Leased Housing Association, and National Multifamily Housing Council, has put together a survey to gather important data on increases in insurance costs being experienced by multifamily providers. Some owner and management…
On April 15, 2021, CARH signed onto a letter from stakeholders to state policymakers to quickly and fully allocate available American Rescue Plan federal funds to provide assistance to renters, consumer-facing small businesses, and impacted industries such as retail, tourism, travel, and hospitality that are having trouble paying rents, mortgages or remaining viable enterprises due…
April 9, 2021 — The Hill Biden $1.5T budget proposes major hike in social programs
BROADCAST EMAIL – Regulatory Update Rural Development (RD) published an Unnumbered Letter (UL) dated April 5, 2021, entitled The American Rescue Plan Act of 2021 Emergency Rental Assistance for Rural Housing. The UL provides guidance for Multifamily Field Operations staff on the eligibility and selection criteria for the distribution of $100 million in Section 521…
CARH’S BROADCAST E-MAIL – Member Update 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: HD Supply, ONLINE…