HUD Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2024

CARH’S BROADCAST E-MAIL – Regulatory Update September 21, 2023 In today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2024” for purposes of the low-income housing tax credit (Housing Credit). Housing Credit developments in Designation of Difficult Development Areas (DDAs) or Qualified Census Tracts…

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RD: Proposed Rule- Updates to the Off-Farm Labor Housing Loans and Grants Rates and Terms

On September 18, 2023, Rural Development’s Office of Multifamily Housing sent out the following information: Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on Tuesday, September 12, 2023 (Federal Register /Vol. 88, No. 175) to amend the current regulation for the MFH Off-Farm Labor Housing (Off-FLH) Program. This proposed rule…

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HUD: RADBlast! Resident Engagement Changes in RAD Supplemental Notice

On September 14, 2023, HUD’s Office of Recapitalization sent out the following information via RADBlast!:   New Training Available on Resident Engagement Updates in the 2023 RAD Supplemental The Office of Recapitalization’s Resident Engagement and Protections team produces educational materials and provides technical assistance (TA) to residents, PHAs, and owners around resident rights. This helps…

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USDA Seeks Applications for Loans and Grants to Expand Access to New and Better Markets for Rural Small Business Owners and Entrepreneurs

Rural Development issued the following stakeholder announcement on September 14, 2023: WASHINGTON, Sept. 14, 2023 – The U.S. Department of Agriculture (USDA) today announced that USDA is accepting applications for loans and grants to expand access to new and better markets for rural small business owners and microentrepreneurs. The Department is making approximately $29 million…

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Reminder to Register for the September 6th Webinar: How Rental Housing Providers Can Access Historic Federal Broadband Infrastructure Funding Copy

If you haven’t yet done so, register now for tomorrow’s (September 6th) webinar! Over the summer, the White House announced next steps for rolling out historic broadband deployment funding through the National Telecommunications and Information Administration’s (NTIA) Broadband Equity, Access, and Deployment Program (BEAD Program). This much anticipated announcement will guide the disbursement of broadband…

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HUD Updates Fair Market Rents for FY 2024 and Releases $113 Million in Housing Choice Vouchers

CARH’S BROADCAST E-MAIL – Regulatory Update August 31, 2023 1) HUD Updates Fair Market Rents for Fiscal Year (FY)  2024 The Department of Housing and Urban Development (HUD) published a Notice in today’s Federal Register on the Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs;…

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RD: MFH Treatment of Financial Benefits from Solar Program Participation

On August 28, 2023, RD’s Office of Multifamily Housing sent out the following information:   Rural Housing Service is pleased to announce guidance on the treatment of financial benefits from solar programs participation realized by Rural Development (RD) multifamily housing owners or tenants.  These benefits are a result of participation in a community solar program…

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Rural Development: Multifamily Housing Production & Preservation Industry Reminder – Application Completeness Requirements

On August 24, 2023, RD’s sent out the following information:   Good Afternoon Industry Partners, Prior to realignment and occasionally within the realigned model, the Processing and Report Review Branch has often provided relief to 515, 514/516 FLH, MPR, 538, and Transfer applicants submitting application documents and third-party documents prior to the submission of a…

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September 6th Webinar: How Rental Housing Providers Can Access Historic Federal Broadband Infrastructure Funding

Over the summer, the White House announced next steps for rolling out historic broadband deployment funding through the National Telecommunications and Information Administration’s (NTIA) Broadband Equity, Access, and Deployment Program (BEAD Program). This much anticipated announcement will guide the disbursement of broadband infrastructure funds totaling more than $42.5 billion, a portion of which can be…

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