CARH Scholarship Foundation Application Deadline Extended to March 14th – Encourage Residents to Apply ASAP!

SCHOLARSHIP APPLICATION UPDATE February 24, 2025   Dear CARH Members: The CARH Scholarship Foundation (Foundation) has extended the deadline for accepting scholarship applications to Friday, March 14, 2025. Please remind your onsite property management personnel to encourage residents to apply for these scholarships! Click here for a flyer that can be posted in property common…

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HUD Multifamily Project-Based Rental Assistance Programs Remain Operational

On January 28, 2025, HUD sent out the following information: The U.S. Department of Housing and Urban Development (HUD) has confirmed with the Office of Management and Budget (OMB) that all rental assistance payments for all Multifamily project-based rental assistance programs remain operational and are not subject to the pause in federal grants and loans outlined in…

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HUD Withdraws Affirmatively Furthering Fair Housing and Reducing Barriers to HUD-Assisted Housing Proposed Rules

CARH’S BROADCAST E-MAIL – Regulatory Alert January 16, 2025 In today’s Federal Register, the Department of Housing and Urban Development (HUD) published two notices (Affirmatively Furthering Fair Housing, Withdrawal (FR-6250-N-03) and Reducing Barriers to HUD-Assisted Housing, Withdrawal (FR-6362-N-02)) announcing the withdrawal of the following proposed rules: Affirmatively Furthering Fair Housing Published in the Federal Register…

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HUD Publishes Two Mortgagee Letters: Creating a Middle Income Housing Option and Multifamily Changes in Debt Service Coverage Ratios and Loan to Value/Loan to Cost Ratios

On January 8, 2025, HUD’s Office of Multifamily Housing sent out the following information: The Office of Multifamily Housing Programs published two Mortgagee Letters updating the Federal Housing Administration’s (FHA’s) Multifamily Housing Programs’ underwriting standards and guidelines. Creating a Middle Income Housing Options for 221(d)(4) Mortgagee Letter, creates a new set of underwriting thresholds for Middle…

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Multifamily Housing Partnership Update Meeting – January 16, 2025

On January 7, 2025, RD’s Office of Multifamily Housing sent out the following Stakeholder Announcement: Multifamily Housing Partnership Update Meeting January 16, 2025, 3:00 – 4:00 PM Eastern Time (US and Canada) Washington D.C., January 07, 2025 – Please join us at the USDA Rural Development Multifamily Housing (MFH) Fiscal Year 2025, 2nd Quarter, Partnership…

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Final Rule: Program Updates to the Credit Report Process for Section 515/514/516

Rural Development sent out the following Multifamily Housing Stakeholder Announcement: Washington D.C., December 31, 2024 – The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a final rule in the Federal Register December 31, 2024, with an effective date of January 30, 2025 (Federal Register/Vol. 89, No. 250).  This regulatory update amends the…

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