FHFA Announces 2022 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac

BROADCAST EMAIL – Regulatory Update FHFA sent out the following announcement on 2022 Multifamily Loan Purchase Caps: The Federal Housing Finance Agency (FHFA) today announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $78 billion for each Enterprise, for a combined total of $156 billion to…

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HUD – COVID-19 Supplemental Payments FAQ & Draft Request Form Now Available

HUD’s Office of Multifamily Housing Programs published Frequently Asked Questions for the COVID-19 Supplemental Payments Notice. The draft version of the HUD 52671-E CSP Request  is now available and includes a built-in minimum expected funding calculator. Automated tabulation features in the form may not work in all PDF readers. To ensure full functionality, use of…

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Multifamily Housing Applicant Follow-up – October 15th Deadline

BROADCAST EMAIL – Regulatory Update Today, Dan Rogers, Director, Production and Preservation Division in Rural Development’s Office of Multifamily Housing sent out the following deadline notice to applicants that have communicated a need to close on projects by the end of the year and have outstanding issues: Applicant Follow Up: October 15 Deadline The Office…

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HUD Establishes Certain Operating Cost Adjustment Factors for 2022

CARH’S BROADCAST E-MAIL – Regulatory Update In yesterday’s Federal Register, the Department of Housing & Urban Development published a Notice that establishes operating cost adjustment factors (OCAFs) for project-based assistance contracts issued under Section 8 of the United States Housing Act of 1937 and renewed under the Multifamily Assisted Housing Reform and Affordability Act of…

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September 28th at 2:00 p.m. Eastern – USDA Meeting on Housing Resources for Rural America

BROADCAST EMAIL – Regulatory Update USDA sent out the following information on today’s virtual meeting on housing resources for rural America: Register in advance for this meeting: https://www.zoomgov.com/meeting/register/vJIscuCqrDouGlVX1ylCoK2MvdBD4dpdaPM  Date:   September 28, 2021 Time:  2:00 – 3:00 p.m., Eastern The purpose of this meeting is to share information about the U.S. Treasury’s Emergency Rental Assistance (ERA) Program…

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Emergency Rental Assistance Program Webinar & Slides Now Available

HUD’s Office of Multifamily Housing sent out the following information regarding the September 23 webinar regarding the Emergency Rental Assistance Program: The recording of the September 23, 2021, HUD and Treasury Emergency Rental Assistance webinar is now available. View it on YouTube and access the presentation slides here. Treasury’s Emergency Rental Assistance (ERA) program makes funding available to assist households…

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Reconciliation Legislation Advances from House Financial Services Committee and Ways and Means Committee—Historic Funding Proposed for Affordable Housing

CARH’s Broadcast Email—Legislative Alert Issue As reported in CARH’s August 26, 2021, Broadcast Email, both the House and Senate passed a budget resolution which would authorize $3.5 trillion in spending and taxes during Fiscal Year (FY) 2022 and in many instances, for several additional years. The budget resolution passed by both the House and Senate…

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