Rental Assistance Funding in Jeopardy—Contact Needed with Your Senators

CARH’S BROADCAST EMAIL—Legislative Alert As CARH members will recall, the American Rescue Plan Act (ARPA) P.L. 117-2 included an additional $100 million that was appropriated for the United States Department of Agriculture’s (USDA) Rural Development (RD) Section 521 Rental Assistance (RA) program. This additional RA was intended to help non-RA residents, who the agency had…

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Rural Development – Preliminary Assessment Tool (PAT) Version 8.2.1 Release

CARH’S BROADCAST E-MAIL – Regulatory Alert Rural Development’s Office of Multifamily Housing sent out the following announcement: On June 14th, 2022, Rural Development (RD) released Version 8.2.1 of the Preliminary Assessment Tool (PAT). RD underwriters utilize the PAT to document Multifamily (MFH) transfer and Multifamily Housing Preservation and Revitalization (MPR) decisions. This version includes updated…

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RD and FNS: Hosting the USDA Summer Food Service Program

Rural Development’s Office of Multifamily Housing sent the following information regarding hosting the USDA Summer Food Service Program: In states across the nation many children receive free or reduced-price breakfast and lunch while school is in session through USDA’s School Breakfast and National School Lunch Programs. However, when schools let out for the summer, many…

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HUD – Affordable Connectivity Program

HUD’s Office of Housing sent this bulletin at 05/10/2022: Multifamily Housing News Dear Multifamily Housing Partners, There is a new federal subsidy program that can help your residents pay for internet service.  The Affordable Connectivity Program, offered through many internet service providers, gives households $30 a month to cover the cost of internet service and a one-time…

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Agencies Issue Joint Proposal to Strengthen and Modernize Community Reinvestment Act Regulations

Board of Governors of the Federal Reserve System; Federal Deposit Insurance Corporation; and Office of the Comptroller of the Currency, Treasury- Notice of Proposed Rulemaking and Press Release dated May 5, 2022. Agencies Issue Joint Proposal to Strengthen and Modernize Community Reinvestment Act Regulations. Community Reinvestment Act Proposal Fact Sheet (PDF).

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