On February 21, 2023, HUD’s Office of Housing sent out the following announcement: Dear Multifamily Owners and Stakeholders, NSPIRE Opt-Out FAQ 2023 In the agency’s Federal Register Notice FR-6160-N-03, HUD announced a modified NSPIRE Demonstration (Demo) beginning April 1, 2023. At this time, HUD will conduct inspections of record for certain properties in HUD’s Demo program.…
Update: On February 21, 2023, the Notice was published in the Federal Register. On February 15, 2023, HUD published on its website a new waiver delaying the implementation of Build America, Buy America Act (BABAA) requirements for most HUD programs until 2024. The waiver covers funding used for maintenance projects related to Public Housing, the…
February 15, 2023 — USDA Statement by Agriculture Secretary Tom Vilsack on the Nomination of Under Secretary Xochitl Torres Small to Serve as Deputy Secretary of USDA
The following information was sent to HUD’s Office of Multifamily Housing on February 14, 2023. Dear Multifamily Owners and Program Operators, Today, the U.S. Department of Housing and Urban Development (HUD) published its final rule in the Federal Register implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The official publication in the Federal Register…
IMPORTANT ANNOUNCEMENT! February 14, 2023 Dear CARH Members: As originally announced via email on December 19, 2022, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently accepting applications for the 2023 Scholarships! At that the time, it was announced that, beginning in 2023, an additional seventh scholarship would be added, and that…
On February 13, 2023, the Internal Revenue Service (IRS) published guidance on how it will allocate 1.8 gigawatts of capacity in bonus renewable energy Investment Tax Credits (ITCs) to low-income communities as provided in the Inflation Reduction Act (IRA) as well as guidance on the qualifying advanced energy project credit program. See the relevant notices…
Updated February 9, 2023: On February 7, 2023, RD held a Listening Session where this subject was briefly mentioned. Click here to view the PowerPoint that was used in the listening session. Additionally, a representative from Nixon Peabody, CARH’s General Counsel, took notes during the session, which are included here. Please note, the Federal Register…
CARH’S BROADCAST E-MAIL – Regulatory Update February 7, 2023 The Build America, Buy America Act (BABAA), enacted as part of the Infrastructure Investment and Jobs Act on November 15, 2021, focuses on maximizing the federal government’s use of services, goods, products, and materials produced and offered in the United States. As previously reported by CARH,…
On February 6, HUD’s Office of Multifamily Housing Asset Management sent out the following information: Dear Multifamily Stakeholders, On February 1, 2023, HUD published a press release announcing the Violence Against Women Act Reauthorization Act of 2022 website, enforcement notice, and Notice of Funding Opportunity (NOFO). In addition, HUD published The Violence Against Women Act…
February 6, 2023 — Rural Development Biden-Harris Administration Delivers on its Promises to Invest in Rural People, Climate-Smart Solutions, and America’s Food System