BROADCAST EMAIL – Regulatory Update Late Friday afternoon, Rural Development (RD) published a Procedural Notice (PN) 539 announcing final management fees for Fiscal Year (FY) 2021. Management fees will vary from state to state because RD has based the increase on HUD’s Operating Cost Adjustment Factor (OCAF) which varies based on location in the country…
On August 4, Rodney Corley, President of the CARH Scholarship Foundation (Foundation), announced the six recipients of the Foundations 2020 scholarships during a Zoom call. In addition to the recipients, participants on the call were representatives from the Foundation, CARH’s Board of Directors, CARH staff, and representatives of the management companies that manage the properties…
CARH Broadcast Email—Legislative Update As CARH members know from our July 9th Broadcast Email, Congress has begun to debate how the federal government should further respond to the coronavirus pandemic in the country. There remains a great deal of uncertainty as to the direction that Congress will take, particularly regarding the affordable housing industry and…
CARH’S BROADCAST E-MAIL – CARH News The June/July 2020 digital edition of CARH News, the Council for Affordable and Rural Housing’s (CARH) bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or for viewing by clicking here. In this issue, you will find: CARH Holds First Virtual Annual Meeting CARH Elects New Officers…
CARH Broadcast Email—Legislative Update On June 3, the Senate, by unanimous consent, cleared H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020, to extend the Small Business Administration’s Paycheck Protection Program (PPP). The bill modifies provisions related to the forgiveness of loans made to small businesses under the (PPP) implemented in response to…
On May 20, 2020, the Office of the Comptroller of the Currency released a press release that included the final rule on CRA regulations as well as a list of CRA qualifying activities. CARH commented on the original proposed rule and will analyze the final rule. This will be a topic of discussion at CARH’s 2020…
CARH’s BROADCAST EMAIL – Legislative Update On May 13, 2020, H.R. 6800, the Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act, was introduced in the U.S. House of Representatives. The legislation, if enacted into law, would provide an additional $3 trillion in stimulus funding to state and local governments, individuals, and businesses as COVID-19…
CARH’S BROADCAST E-MAIL – CARH News The March/April 2020 digital edition of CARH News, the Council for Affordable and Rural Housing’s (CARH) bimonthly digital newsletter, is now available online on CARH’s website, www.carh.org, or for viewing by clicking here. In this issue, you will find: The Paycheck Protection Program and Rural Housing Providers CARES Act…
USDA Rural Development Issues Frequently Asked Questions for Multi-Family Housing Tenants (May 6, 2020)
USDA Rural Development Issues Frequently Asked Questions for Multi-Family Housing Tenants (May 6, 2020)