April 19, 2020 — The Hill Treasury Secretary, Democratic Leaders ‘hopeful’ for Agreement on Coronavirus Package April 17, 2020 — Senator Tina Smith US Senator Tina Smith Leads 16 Colleagues in Bipartisan Push For Rural Housing Assistance Amid Economic Fallout from Pandemic
From Rural Development: Multifamily Housing (MFH) has prepared Section 538 forbearance guidance on Section 4023 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act (Pub.L. 116-136). In addition to the attached letter to lenders explaining how the CARES Act applies to the Guaranteed Rural Rental Housing Program, the two attached sample documents may be…
Due to school closings and delays surrounding COVID-19, the CARH Scholarship Foundation has extended the deadline for accepting scholarship applications to June 15, 2020. If you have not already done so, please contact your on-site property managers to let them know about the CARH Scholarships so that they can safely encourage their residents to apply…
On April 16, 2020, the Trump Administration released its Guideline to Reopen America Again.
The A.C.T.I.O.N. Campaign, which CARH is a member, published the following blog post: ACTION partners have been urging the IRS and the Treasury to take immediate action to provide deadline extensions and other necessary accommodations for the Housing Credit program in light of the severe disruptions the COVID-19 pandemic is having on development and construction…
Multifamily Q&A for COVID-19 (April 14, 2020)
Released from Rural Development Multifamily Housing: Multifamily Housing Partners, Rural Development is continuing to receive questions on COVID-19 (Coronavirus) related issues as they affect Multifamily housing properties across the country and would like to provide additional guidance. Your assigned Servicing Official should remain your primary contact for questions, but the below consolidated frequently asked questions…
USDA published the following: USDA Unveils Tool to Help Rural Communities Address the COVID-19 Pandemic
April 13, 2020 — Roll Call Rural Housing Losses Feared Despite Rescue Spending
CARH’S BROADCAST E-MAIL – Member Update We would like to thank all of you who connected to one or both of the conference calls that were held yesterday that provided updates on regulatory, legislative, and best practices for our members. CARH would also like to especially thank the panelists who took the time to share…