November 17, 2023 Mark your calendars! November 28th is Giving Tuesday! This year on Giving Tuesday, please think about donating to the CARH Scholarship Fund. Click here or scan the QR code below to make a one-time OR monthly donation: Giving Tuesday was created in 2012 as a simple idea: a day to encourage people…
CARH’S BROADCAST E-MAIL – Member Update November 15, 2023 As a national CARH direct-billed member, you should have now received an email with your 2024 membership dues renewal invoice. The invoices were emailed on the following dates: November 2nd, 3rd, and 9th and would have come from the email address “COUNCIL FOR AFFORDABLE AND RURAL…
On November 13, 2023 — Novogradac shared the following Industry Alert: WASHINGTON–Nov. 9, 2023–The 9% federal low-income housing tax credit (LIHTC) per-capita multiplier will increase 15 cents in 2024 to $2.90, tying the record set last year for the largest year-over-year increase without legislative cause since 2003, when the credit began being adjusted for…
CARH BROADCAST E-MAIL – Midyear Meeting Update November 9, 2023 Dear Friends, We are delighted to announce that the 2024 Council for Affordable Rural Housing (CARH) Midyear Meeting will be held on January 29-31 in one of the world’s most beautiful cities, Charleston, South Carolina. Make your plans now to attend! Top industry experts, including government…
On November 7, 2023, Rural Development sent out the following information: On November 2, 2023, Rural Development Multifamily Housing leadership held a meeting providing a quarterly update to our external partners. The update included information about leadership changes, budgets, insurance loss payee address, Multifamily Physical Inspection Pilot Program (MPIPP), and lots of other pertinent information…
SCHOLARSHIP APPLICATION UPDATE November 2, 2023 Dear CARH Members: To better coincide with the college application process, the CARH Scholarship Foundation has adjusted the timeline for announcing and accepting applications for the 2024 scholarships. The application period is now open for the CARH Scholarship Foundation’s seven available scholarships and the new deadline for completed applications…
CARH’S BROADCAST E-MAIL – Member Update November 1, 2023 We are excited to announce that CARH is now accepting secure ONLINE credit card payments for all CARH invoices, including payments for your upcoming 2024 dues renewals! Today, we will begin emailing all direct-billed members an invoice for your 2024 national membership dues. Please be on…
Oct October 27, 2023, the National Council of State Housing Agencies (NCSHA)released an updated edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide how states administer the federal low-income housing tax credit (LIHTC) incentive. NCSHA’s recommended practices are voluntary standards in Housing Credit allocation, underwriting, and compliance monitoring that all states should…
CARH’S BROADCAST E-MAIL – Regulatory Update October 25, 2023 In today’s Federal Register, the Rural Housing Service published a proposed rule entitled, Insurance Requirements in Multi-Family Housing Direct Loan and Grant Programs. The proposed rule would update the regulation for multifamily housing (MFH) insurance coverage and deductible requirements for properties financed through Rural Development (RD).…
CARH’S BROADCAST E-MAIL – Regulatory Update October 24, 2023 Rural Development sent out the following information today: The Multifamily Housing Division of USDA’s Rural Housing Service (RHS) is launching a new way of conducting the physical inspection segment of its Tri-Annual Supervisory Visit (SV); the most important tool for monitoring a borrower’s continued compliance with…