April 6, 2022 — CLICK HERE for a copy of the Multi-Family Preservation and Revitalization (MPR) Information Session presentation used during the webinar held April 5, 2022, referenced below. March 8, 2022 CARH’S BROADCAST E-MAIL – Regulatory Alert In today’s Federal Register, USDA’s Rural Housing Service published a Notice of Solicitation of Applications entitled, Multi-Family…
On April 6, 2022, Rural Development published a stakeholder announcement entitled, USDA Invites Applications to Strengthen Rural Cooperatives and Expand Economic Opportunities for People in Rural America.
REMINDER REMINDER REMINDER Dear CARH Members: As originally announced via email on December 13, 2021, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently applications for the 2022 scholarships – the James L. Poehlman, Gordon L. Blackwell, Jack Godin, Jr., CRHD Founders, Scholarship Foundation, and CARH Scholarships! The Scholarship Foundation is…
CARH’S BROADCAST E-MAIL – Member Update The Spring 2022 edition of CARH’s Insights for On-sites has just been published and printed copies are in the process of being mailed to CARH members and CARH-member properties. A PDF version can also be viewed and downloaded by clicking here, or by visiting the Resources/Publications section of CARH’s…
CARH’s BROADCAST EMAIL—Legislative Alert On Monday, March 28, 2022, the Biden Administration unveiled its proposed $5.8 trillion budget for Fiscal Year (FY) 2023. The proposed budget would provide $1.6 trillion for discretionary funds, including $813 billion for defense-related programs and $769 billion for domestic spending. By comparison, the Consolidated Appropriations Act, 2022 for FY 2022…
On March 28, 2022, President Biden released the Administration’s proposed budget for 2023. Click here for the Biden’s statement on the budget and click here for a transcript of a March 28th on-the-record press call by OMB Director Shalanda Young and CEA Chair Cecilia Rouse on the President’s FY23 Budget. CARH is currently analizing the proposed…
The following was sent out by RD’s Office of Multifamily Housing: On March 9, 2022, Rural Development published a Notice of Funding Availability (NOFA) for subsequent Section 514 Off-Farm Labor Housing (Off-FLH) loans and subsequent Section 516 Off-FLH grants to improve, repair, or make modifications to existing Off-Farm Labor Housing Properties for fiscal year…
On March 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-20 which provides guidance regarding the public approval requirement under § 147(f) of the Internal Revenue Code for tax-exempt qualified private activity bonds. Specifically, this revenue procedure provides that hearings held by teleconference as described in section 4 of the revenue procedure will be treated…
CARH’s Broadcast Email—Legislative Alert 1) Omnibus Appropriations Bill for FY 2022 Signed into Law by President Biden On Tuesday, March 15, 2022, President Biden signed into law the $1.5 trillion 1,068-page omnibus appropriations bill entitled, Consolidated Appropriations Act, 2022, for Fiscal Year (FY) 2022 (P.L. 117-103), that Congress passed late last week. Of this $1.5…
Information from HUD: We are excited to share that HUD has completed development of its FY22-26 Strategic Plan. In preparation for publication of the plan, we are inviting our partner organizations to a briefing session to provide an overview of HUD’s FY22-26 Strategic Plan. Meeting Details: When: Mar 17, 2022 12:00 PM Eastern Time (US…