Federal / Agency News

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

HUD is extending the deadline for applications for wave three of the Green and Resilient Retrofit Program (GRRP) Elements cohort from January 4 to March 28, 2024.

HUD released its 2023 Annual Homeless Assessment Report: Part 1: Point-in-Time Estimates, which estimates the number of individuals in shelters, temporary housing and in unsheltered settings through Point-in-Time (PIT) counts.

Representatives Emanuel Cleaver (D-MO) and Blaine Luetkemeyer (R-MO) introduced the bipartisan Rural Housing Service Reform Act (H.R. 6785). The measure would ensure that USDA Section 515 properties with maturing mortgages remain affordable by making it easier for nonprofits to acquire the properties and retain their rental assistance.

The U.S. Government Accountability Office (GAO) issued a report that recommends additional oversight on the LIHTC program.

Senators Ron Wyden (D-OR) and Dan Sullivan (R-AK) and Representatives Jimmy Panetta (D-CA) and Mike Carey (R-OH) introduced the Workforce Housing Tax Credit Act (S. 3436 and H.R. 6686).

A new Mortgagee Letter (2023-24) eliminates the ten percent assurance of completion to be added to the Escrow Agreement for Deferred Repairs for 223(f) projects with LIHTC

HUD is making its Energy and Water Benchmarking Service available for properties participating in its Multifamily project-based rental assistance programs.

HUD, the Department of Health and Human Services and the White House Office of National Drug Control Policy urge HUD grantees to proactively engage with public health and other community organizations to combat the opioid crisis and keep their communities safe.

The deadline for online submission of the NMTC Allocation Application through the CDFI Fund’s Awards Management Information System (AMIS) is before 5:00 p.m. ET, December 19.

The U.S. Department of Housing and Urban Development published the operating cost adjustment factors (OCAFs) for eligible multifamily housing properties with an anniversary date on or after Feb. 11, 2024.

The Housing and Insurance Subcommittee of the House Financial Services Committee will hold a hearing on “Housing Affordability: Governmental Barriers and Market-Based Solutions” at 10 a.m. ET on December 6.

HUD’s Office of Multifamily Housing Programs published a draft housing notice clarifying the circumstances under which HUD will approve a budget-based rent increase for projects subject to Low Income Housing Preservation and Resident Homeownership Act (LIHPRHA) Use Agreements.