FHFA Announces Multifamily Tenant Protections

On July 12, 2024, the Federal Housing Finance Agency (FHFA) sent out the following information: (Click here to link News Release) Tenant protections will be included in new multifamily loan agreements beginning in February 2025 IMMEDIATE RELEASE 07/12/2024 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced a set of required tenant protections for…

HUD – Multifamily Posts MAP Guide Chapter Revisions Posted to Drafting Table for Comments

On July 1, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: The Multifamily Accelerated Processing (MAP) Guide is designed to establish uniform national standards for approved Lenders to prepare, process and submit loan applications for Federal Housing Administration (FHA) multifamily mortgage insurance. Today, the Office of Multifamily Housing Programs is seeking…

House Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriations Subcommittee Marked-Up the USDA Fiscal Year 2025 Budget Proposal

CARH’s BROADCAST EMAIL—Legislative Alert June 19, 2024 On June 11, the House Agriculture, Rural Development, Food and Drug Administration and Related Agencies Appropriations Subcommittee marked-up the Fiscal Year (FY) 2025 funding proposal for USDA. The full Committee will not mark-up this bill until after the July 4th recess. As you can see from the attached…

Broad Housing Coalition Calls on Lawmakers to Address Rising Insurance Costs

June 10, 2024 Today, a broad coalition of groups representing America’s housing providers, lenders and residents sent members of Congress and the Biden administration a letter outlining a number of bipartisan policies to address the causes of rising insurance premiums across the nation’s housing market. The letter focused in particular on the significant negative impacts such increases…

Hotel Cancellations – Annual Meeting

CARH’S BROADCAST E-MAIL – Annual Meeting June 3, 2024 CARH’s Annual Meeting & Legislative Conference is just three weeks away!! The hotel room block at The Ritz-Carlton, Pentagon City is full and there is now a waiting list. If you already have a room reservation and your plans change where you are will no longer…

HUD — Reminder: HOTMA May 31 Deadline

On May 30, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: Owners and Agents, Please be advised that MFH Owners’  Tenant Selection Plans (TSPs) and Enterprise Income Verification (EIV) Policies and Procedures must be updated and made publicly available by May 31, 2024, as stated in Notice H 2023-10 and Notice H 2024-04, which outline…