CARH’S BROADCAST E-MAIL – Member Update One of the many benefits of national CARH membership is the opportunity for companies to participate in CARH’s Preferred Buyers program. We have been able to combine the size and strength of our membership to negotiate national supplier agreements at preferred pricing with large national vendors: HD Supply, ONLINE…
REMINDER Dear CARH Members: As originally announced via email on December 9, 2020, the Council for Affordable and Rural Housing (CARH) Scholarship Foundation is currently applications for the 2021 scholarships – the James L. Poehlman, Gordon L. Blackwell, Jack Godin, Jr., CRHD Founders, Scholarship Foundation, and CARH Scholarships! The Scholarship Foundation is providing these six…
On March 19, 2021, HUD Multifamily updated their Underwriter Assignment Order. The order should also be posted on HUD’s Multifamily Housing page soon.
CARH’S BROADCAST E-MAIL – Member Update One of the many benefits of national CARH membership is the opportunity for companies to participate in CARH’s Preferred Buyers program. We have been able to combine the size and strength of our membership to negotiate national supplier agreements at preferred pricing with large national vendors: HD Supply, ONLINE…
On March 11, 2021, Rural Development’s (RD) Multifamily Housing (MFH) held their first periodic meeting to update their customers on MFH programs. This meeting was for for those with properties, or with transactions for properties, in the Northeast. The slide presentation used during the March 11th meeting can be found here. Below is additional information on…
On March 16, 2021, the Department of Treasury issued new revised Frequently Asked Questions (FAQs) regarding the Emergency Rental Assistance Program. These FAQs supercede any previous FAQs.
On March 15, CARH submitted comments to HUD on their proposed rule regarding implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE). In addition, CARH signed on to a letter from affordable housing stakeholders to HUD on the NSPIRE implementation proposed rule.
On March 12, CARH, along with a large coalition of companies that in the housing and housing construction industries, sent a letter to Secretary of Commerce, Gina Raimondo, regarding an issue threatening the economic recovery and housing affordability: the price of lumber.
CARH Broadcast Email—Legislative Update On March 10, the House of Representatives, by a vote of 220-211 narrowly passed the Senate-amended H.R. 1319, the American Rescue Plan (ARP) Act of 2021. This legislation, totaling $1.9 trillion, is the third coronavirus-aid bill that has passed Congress since the pandemic began early last year. President Biden signed the…
BROADCAST EMAIL – Regulatory Update Rural Development’s (RD) Office of Multifamily Housing has issued the following reminder regarding annual financial reporting requirements for Multifamily borrowers: The Agency requires annual financial reports be submitted by each borrower to ensure the project is in sound financial condition and is complying with the program financial management requirements. Complete…