Federal / Agency News
Spending Provisions of Budget Reconciliation Released; Still Awaiting Tax Provisions
Last week, the House released the 1,684-page budget reconciliation bill text for spending provisions, which includes $153 billion for housing.
Using Community Income Levels to Help Tenants Get Emergency Rental Assistance
In a new Joint Center for Housing Studies at Harvard University blog post, Sam Gilman makes the case for using community income levels to help tenants get Emergency Rental Assistance. Gilman is the co-founder and COO of the COVID-19 Eviction Defense Project.
$10 Billion in ERA Funds Distributed Through September
Last week, the Department of the Treasury announced state and local governments distributed nearly $2.8 billion from the Emergency Rental Assistance program to more than 510,000 households in September, up from 459,000 households in August.
Comments on HUD’s 30-Day Notice Period for Non-Payment of Rent Evictions in HUD-Assisted Properties Rule Due Nov. 8
HUD published an interim final rule, which prohibits the eviction of tenants for nonpayment of rent from HUD-subsidized public housing and certain properties with project-based rental assistance without providing a 30-day notice period that includes information about available federal emergency rental assistance.
HUD Posts Ask a Question Responses to 2020 MAP Guide
HUD’s Office of Housing published the responses to the Ask a Question tool set up in March 2021 for the 2020 Multifamily Accelerated Processing (MAP) Guide.
Action Alert: Include LIHTC, Affordable Housing in Budget Reconciliation
Budget reconciliation negotiations remain ongoing with a deadline of October 31. Advocacy is needed specifically from Senators and Representatives to leadership (Speaker Nancy Pelosi (D-CA) and Senator Majority Leader Chuck Schumer (D-NY)) and to the National Economic Council at The White House.
Senate Committee Considers Nomination of Assistant Secretary for Administration at HUD
The Senate Committee on Banking, Housing and Urban Affairs held a hearing on October 26 to consider the nomination of Elizabeth de Leon Bhargava to be an assistant secretary for Administration at HUD.
Picture of Preservation Report: 176,760 Federally Assisted Homes Could be Lost Over Five Years
The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation released the 2021 edition of Picture of Preservation.
HUD Revises HAP Assignment Form
The Office of Asset Management and Portfolio Oversight has made revisions to the Housing Assistance Payment (HAP) Assignment form in order to clarify the roles of the various signatories in the HAP Assignment process.
Rep. Price Will Not Seek Re-Election
Representative David Price (D-NC) announced that he will not seek reelection in 2022. Rep. Price has served as a longtime chairman of the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies of the House Appropriations Committee.
Senate Appropriations Committee Releases Final FY 2022 Bills
Senate Appropriations Committee Chairman Patrick Leahy (D-VT) released the committee’s nine remaining Fiscal Year 2022 (FY22) appropriations bills, which include proposed FY22 spending bills for HUD and Treasury.
Fannie, Freddie May Acquire up to $78 Billion in Multifamily Loans in 2022
The Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.