On September 24, 2024, RD’s Office of Multifamily Housing sent out the following Stakeholder Announcement: Washington D.C., September. 24, 2024 – Rural Development (RD) Multifamily Housing (MFH) has created Processing Tenant Recertifications: A Guide for Multifamily Housing Owners and Management Companies as a reference resource for RD MFH owners and management agents. The guide outlines…
On September 20, 2024, HUD issued Notice 2024-9 entitled, Revised Compliance Date: Implementation of Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) The notice states, “Notice H 2023–10 established the date of January 1, 2025, by which Multifamily Housing (MFH) Owners must be in full compliance with the HOTMA…
CARH’S BROADCAST E-MAIL – Regulatory Update September 9, 2024 In today’s Federal Register, HUD published a Notice entitled, “Statutorily Mandated Designation of Difficult Development Areas and Qualified Census Tracts for 2025” 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…
On September 3, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: The Office of Multifamily Housing Programs is making owners, agents, and residents aware of information regarding preventing sexual harassment and bullying at HUD properties. The Preventing and Addressing Sexual and Other Discriminatory Harassment in Housing webpage contains links that will help…
On September 4, 2024, RD’s Office of Multifamily Housing sent out the following Stakeholder Announcement: Washington D.C., September. 04, 2024 – The Rural Housing Service (RHS) Office of the Multifamily Housing (MFH) has published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline of events for the implementation of the Housing Opportunity Through…
On August 22, 2024, RD sent out the following information: Rural Development (RD) Multifamily Housing (MFH) is inviting RD stakeholders to share their experience with the transfer process, to include the simple transfer pilot process. This is an opportunity for the Agency to learn how these processes function from the customer lens. Register for a…
CARH’s BROADCAST EMAIL—Regulatory Alert August 22, 2024 Today, Rural Development published an Unnumbered Letter (UL) dated August 19, 2024, entitled, “Housing Opportunity Through Modernization Act (HOTMA).” The UL provides an overview of HOTMA tenant income and asset calculation changes and the projected timeline for those changes. Effective January 1, 2025, all tenant certifications must implement…
CARH’s BROADCAST EMAIL—Regulatory Alert August 16, 2024 CARH’s General Counsel, Arnall Golden Gregory, LLP, prepared the following information regarding the “categorical exclusions” Rural Development (RD) intends to adopt regarding the National Environmental Policy Act (NEPA). NEPA requires federal agencies to assess the environmental effects of their proposed actions prior to making “major federal actions.” A…
CARH’S BROADCAST E-MAIL – CARH News August 16, 2024 The June/July edition of CARH News, CARH’s bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or by clicking here. In this issue, you will find: Annual Meeting Review CARH Elects Officers and New Board Members Board of Directors Met During Annual Meeting CARH…
On August 15, 2024, HUD’s Office of Multifamily Housing Programs sent out the following information: Today, the Office of Multifamily Housing Programs is seeking feedback on the Multifamily Drafting Table from stakeholders regarding new guidance that would require applicants for Federal Housing Administration (FHA) Multifamily rental and Risk Share transactions to waive their qualified contract…