Last week, Marsha Fudge announced her resignation as HUD Secretary, effective March 22, 2024. Adrianne Todman, current Deputy Secretary, will assume the position of Acting Secretary, effective March 22, 2024. Read more here.
March 5, 2024 — Department of Treasury Treasury Department Announces New Efforts to Increase Housing Supply in the United States March 5, 2024 –– Department of Treasury Treasury’s Housing Agenda
March 11, 2024 — Statement from HUD Secretary Marsha Fudge
CARH’s BROADCAST EMAIL—Legislative Alert March 11, 2024 On March 9, 2024, President Biden signed into law H.R. 4366, the Consolidated Appropriations Act for 2024, which provides for full Fiscal Year (FY) 2024 funding for the U.S. Department of Agriculture, the Department of Housing (USDA) and the Department of Housing and Urban Development (HUD) and four…
On March 4, 2024, RD issued an Unnumbered Letter to provide notice to Multifamily Housing (MFH) staff of the Administrators Exception related to an upcoming regulation change resulting from the Housing Opportunity Through Modernization Act (HOTMA). On March 6, RD issued the following Stakeholder Announcement on the UL: Washington D.C, March, 06, 2024 –The Rural…
March 1, 2024 — EPA EPA launches new office to strengthen engagement with agricultural and rural communities
On March 1, 2024, HUD sent out the following information: This video series is intended for owners and management agents of HUD-assisted and/or insured multifamily properties, particularly those whose properties have converted through the Rental Assistance Demonstration (RAD) Program and are now under the jurisdiction of HUD’s Office of Asset Management and Portfolio Oversight (OAMPO).…
CARH’S BROADCAST E-MAIL – Regulatory Update March 1, 2024 1) Existing Policy on Non-Rent Fees for Subsidized Multifamily Housing Programs Posted to Drafting Table On February 29, HUD’s Office of Multifamily Housing Programs issued the following information: This guidance provides a summary of existing policy regarding the fees that owners of HUD-subsidized multifamily properties are…
RD issued the following Stakeholder Announcement on February 28, 2024: USDA Rural Development is seeking participants for a Lender Forum to better understand the data and tools needed by participating lenders, purchasers of guaranteed loans and other stakeholders on the OneRD Guarantee website. Space in the forum will be limited please register at the link…
On February 28, 2024, RD sent out the following Stakeholder Announcement: USDA Rural Development invites current or prospective OneRD Guarantee lenders to join program leadership for office hours on March 13, 2024 from 11:00 AM – 12:30 PM Eastern Time. OneRD Guarantee leadership from the Business and Industry, Community Facilities, Rural Energy for America Program…