Federal / Agency News

HUD

USA Properties Fund Wins National HUD Award

LifeSTEPS and USA Properties Fund’s RN Coaching PILOT Program has received the 2020 HUD Secretary’s Awards for Healthy Homes, an annual award that recognizes programs that promote healthier housing through partnering, outreach and innovative practices.

HUD

HUD Updates FAQs

On October 14, HUD issued a further update to its Frequently Asked Questions for subsidized multifamily housing programs to clarify and extend certain interim procedures and tie in the Centers for Disease Control and Prevention’s order creating a national eviction moratorium for nonpayment of rent.

HUD

Court Provides Preliminary Injunction, Stay on HUD’s Disparate Impact Rule

The U.S. District Court for the District of Massachusetts issued a stay and preliminary injunction to prevent HUD from implementing its new Disparate Impact rule. The suit claimed the new rule violates the Administrative Procedure Act (APA) and drew support and declarations from over a dozen community-based organizations.

General News

CDFI Funds Releases CY 2020 NMTC Application, Updated FAQs

The Community Development Financial Institutions Fund (CDFI Fund) posted an updated calendar year (CY) 2020 New Markets Tax Credit (NMTC) Program Allocation Application Frequently Asked Questions (FAQs) document and a revised CY 2020 NMTC Program Allocation Application.

congress-capitol

Updates on CRA Reform: Senate Votes Down CRA Disapproval Bill, Fed’s Proposal Published in Federal Register

On Monday, the Senate voted down a motion to consider the House-passed resolution of disapproval (H.J. Res. 90) to nullify the Office of the Comptroller of the Currency’s new rule on Community Reinvestment Act (CRA). The Federal Reserve’s advanced notice of proposed rulemaking was officially published in the Federal Register. Comments are due by February 16, 2021; NH&RA will submit comments and encourages our members to do so as well.

congress-capitol

Rep. Clark Introduces Legislation to Exempt Public Housing Rehab from Bond Cap

Representative Katherine Clark (D-MA) introduced the Support Allowing Volume Exception for (SAVE) Federally-Assisted Housing Act, a targeted effort to address the national shortage of affordable housing units by freeing up the availability of private activity bonds used to support the preservation, improvement or replacement of federally-assisted housing facilities.

HUD

CDC Issues Eviction Moratorium Guidance 

The Centers for Disease Control and Prevention (CDC) released new resources on its eviction moratorium, including a declaration template and FAQs, prepared in consultation with the Department of Health and Human Services, HUD and the Department of Justice. 

HUD

Dav Vandenbroucke Retires from AHS, HUD

After 28 years of federal service working on the American Housing Survey (AHS), Dav Vandenbroucke’s last working day will be Wednesday, October 14. Vandenbroucke was the senior economist at HUD and leaves the AHS in the capable hands of George Carter and Portia Hemphill.

HUD

HUD Publishes Translations of CDC Eviction Moratorium Resident Declaration Form

HUD published the Resident Declaration Form required by the Centers for Disease Control and Prevention eviction moratorium in 20 different languages: Amharic, Arabic, Armenian, Chinese, French, German, Haitian Creole, Hindi, Italian, Khmer, Korea, Polish, Portuguese, Russian, Somali, Spanish, Spanish (Puerto Rican), Tagalog, Thai and Vietnamese.

IRS

IRS Announces $3.1 Million in 2020 LIHTC National Pool

The Internal Revenue Service (IRS) published Revenue Procedure 2020-42 announcing $3,105,001 of unused LIHTCs allocated from the national pool to 33 qualified states for calendar year 2020.

USDA Rural Development

RD Announces New Regional Directors for Multifamily Housing’s Field Operations Division

The U.S. Department of Agriculture’s (USDA) Rural Development’s (RD) Office Multifamily Housing (MFH) announced that, effective October 11, 2020, Becki Meyer, Byron Waters, Karissa Stiers and Laurie Warzinski will become the first Regional directors of MFH’s Field Operations Division.

congress-capitol

House Democrats Introduce Updated Heroes Act

On September 29, House Democrats released a scaled down COVID-19 relief proposal, calling it an updated Heroes Act, with a price tag of $2.2 trillion. The bill is nearly $1 trillion less than the earlier version and includes new relief for the airline, restaurant and other hardest-hit industries, as well as additional funds to support education and childcare. Despite the lower price tag, negotiations between the House, White House and Senate are not progressing, and it seems unlikely that they will reach agreement to enact further large-scale relief before the election.

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