On November 5, 2024, the Rural Housing Service published a Proposed Rule providing clarification on the requirement to record the Section 538 Deed Restriction. The link to the Proposed Rule, and supporting information from RHS, is below: The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on November 5, 2024, …
November 4, 2024 Dear CARH Members: The Scholarship Foundation is excited to announce that the application period is now open for the CARH Scholarship Foundation’s seven available scholarships and the deadline for completed applications is February 28, 2025. The Foundation is offering the seven scholarships to deserving students from CARH-member affordable rural housing properties. Each…
USDA issued a Press Release on October 25, 2024, entitled, Agriculture Secretary Vilsack Visits North Carolina to Highlight Federal Resources Available to Help Farmers, Families, and Communities Recover from Hurricane Helene. They also sent out an “In case you missed it” email that provided supporting information as follows: USDA continues to help producers, families and…
On August 22, 2024, the Federal Housing Finance Agency (FHFA) issued a Proposed Rule entitled 2025-2027 Enterprise Housing Goals. On October 21, 2024, CARH submitted our comments on the proposed rule.
CARH’S BROADCAST E-MAIL – Regulatory Alert October 23, 2024 In today’s Federal Register, USDA’s Rural Housing Service published a Correction Notice entitled, Notice of Funds Availability (NOFA) for the Multifamily Housing Preservation and Revitalization Demonstration Program (MPR) and for Section 515 Subsequent Loans for Preservation Activities for the Fiscal Year (FY) 2024; Correction. According to…
On October 23, 2024, RD sent out the following Stakeholder Announcement: Washington DC, October 23, 2024 – On September 27, 2024, Rural Development’s Rural Housing Service (RHS or Agency), published a notice of funds availability (NOFA) in the Federal Register, Federal Register Notice MPR NOSA and Preservation Activities 2024. The NOFA announced that the Agency…
On October 22, 2024, HUD’s Office of Housing Counseling sent out the following information: 1. 203(k) Limited Temporary Waiver Hurricane/Tropical Storm Helene and Hurricane Milton FHA has posted a temporary waiver of its 203(k) Rehabilitation Mortgage Insurance Program requirement that states, when a repair is considered “major,” it becomes ineligible to be financed as part…
HUD’s Office of Multifamily Housing sent out the following information on October 21, 2024: Multifamily Housing invites interested parties to join a virtual stakeholder listening session on Tuesday, October 29th from 2:00 pm to 3:00 pm EST to share their feedback on the Solar, Cell Tower, and Other Rooftop Leases Notice, which was posted to…
HUD’s Office of Multifamily Housing sent out the following information on October 21, 2024: The Office of Multifamily Housing Programs posted additional guidance and response to stakeholder questions regarding the Federal Flood Risk Management Standards (FFRMS) Rule. Please visit the Multifamily Memo and Letters page for additional information. HUD has provided two webinars on the…
On October 17, 2024, HUD’s Office of Multifamily Housing sent out the following information: HUD published a final rule implementing the Federal Flood Risk Management Standard (FFRMS) in April 2024. Details, guidance and two overview webinars can be found here. HUD’s Office of Housing is offering two new webinars specifically for Housing Partners on defining…