HUD’s Office of Housing released the following information on August 4, 2022: Dear Multifamily Owners and Program Operators, We are excited to share with you that the Family Self-Sufficiency (FSS) Program Notice of Funding Opportunity (NOFO) for Fiscal Year 2022 published today. For the first time, owners participating in HUD’s Multifamily Section 8 project-based rental…
CARH’S BROADCAST E-MAIL – Regulatory Alert Today, Rural Development’s Office of Multifamily Housing issued updated 2022 Income Limits for the Section 538 Guaranteed Rural Rental Housing Program. The income limits are effective immediately. The current Income Limits are 115% of the Area Median Income (AMI) for each County/Metropolitan Statistical Area (MSA) and household size. The…
CARH’S BROADCAST E-MAIL – Regulatory Alert Rural Development’s Office of Multifamily Housing published a bulletin providing information on a SAM.gov webinar and MFH’s Field Operations’ staff quarterly meeting. 1) SAM.gov Webinar – Today (Wednesday) August 3, 2022, at 1:00 p.m., Eastern GSA’s Integrated Award Environment (IAE) will host a series of events to share information…
CARH’S BROADCAST E-MAIL – CARH News The June/July 2022 edition of CARH News, the Council for Affordable and Rural Housing’s (CARH) bimonthly electronic newsletter, is now available online on CARH’s website, www.carh.org, or for viewing by clicking here. In this issue, you will find: CARH Annual Meeting & Legislative Conference Recap Counsel’s Corner: Treasury Announces…
NCHSA issued the following blogpost on July 29, 2022: New Treasury Guidance Adds Flexibility for Unobligated ERA 2 Dollars
Today, the Department of Treasury announced new guidance to increase state, local, and tribal governments’ ability to use Coronavirus State and Local Fiscal Recovery Funds (SLFRF) authorized in the American Rescue Plan Act (ARPA) to support affordable housing development, including through the Housing Credit. Read Treasury’s Press Release.
CARH’S BROADCAST EMAIL—Legislative Alert As CARH members will recall, the American Rescue Plan Act (ARPA) P.L. 117-2 included an additional $100 million that was appropriated for the United States Department of Agriculture’s (USDA) Rural Development (RD) Section 521 Rental Assistance (RA) program. This additional RA was intended to help non-RA residents, who the agency had…
CARH’S BROADCAST E-MAIL – Regulatory Alert Rural Development’s Office of Multifamily Housing sent out the following announcement: On June 14th, 2022, Rural Development (RD) released Version 8.2.1 of the Preliminary Assessment Tool (PAT). RD underwriters utilize the PAT to document Multifamily (MFH) transfer and Multifamily Housing Preservation and Revitalization (MPR) decisions. This version includes updated…
CARH’S BROADCAST EMAIL – MEMBER UPDATE As announced in a March 7th broadcast email, CARH is inviting you to complete CARH’s 2020 Program survey. This is the 8th year that CARH has conducted the survey which, when completed and analyzed, will rank the top rural housing developers, managers, and owners in the industry through December…
CARH’S BROADCAST EMAIL – MEMBER UPDATE Serving on the CARH Board of Directors is an excellent opportunity to actively support your organization and to help develop policies and initiatives that will positively impact the affordable rural housing industry. CARH is seeking members to fill two board openings that will become available in June due to…