News
HUD, FHFA Suspend Foreclosures, Evictions through End of April
President Trump directed HUD to suspend evictions and foreclosures for single-family homes with FHA-insured mortgages for the next 60 days. Similarly, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to suspend foreclosures and evictions for at least 60 days due for homeowners with an Enterprise-backed single-family mortgage.
Majority of House Cosponsors AHCIA
The majority of the House of Representatives has cosponsored the Affordable Housing Credit Improvement Act, H.R.3077, with a total of 221 members signed on to the bipartisan legislation.
HUD Announces FY 2019 TPV Awards
HUD announced the Fiscal Year (FY) 2019 Tenant Protection Voucher (TPV) award amounts for the Housing Choice Voucher Program.
HUD Extends Comment Period on FHA Design and Construction Safe Harbor
HUD extended the comment period for its proposed rule on the Adoption of Additional Safe Harbors for the Fair Housing Act Design and Construction Requirements. Comments were originally due on March 15 and are now due on April 13 and can be submitted here.
Comments on FHA’s MAP Guide Draft Chapter Three Due March 20
The Federal Housing Administration (FHA) posted the draft chapter three and its corresponding appendix of the updated Multifamily Accelerated Processing (MAP) Guide.
NCSHA, AHTCC, Novogradac and Enterprise Launch COVID-19 Websites
The National Council of State Housing Agencies (NCSHA) launched a new COVID-19 Resources website that complies guidance from federal agencies, state housing agencies and general resources on the pandemic. To suggest a resource for this page, or if you have a question, please contact NCSHA. The Affordable Housing Tax Credit Coalition’s (AHTCC) resource page is […]
The Delicate Balance
The rapid escalation of the COVID-19 Coronavirus Pandemic is having a deeply unsettling impact on the on how we live and how we work. It is testing our disaster response system in unanticipated ways and will require a new kind of resilience from us. Perhaps our most critical issue right now is balance: how to be stewards for some of the most vulnerable members of our society while, at the same time, navigating our own personal uncertainties and business obligations.
Internet Service Provider Resources
The National Digital Inclusion Alliance has created an open-source document to track all the updated COVID-19 offers made by Internet Service Providers across the nation. This is getting updated on an ongoing basis. If you know of any offers in your area that could be helpful to the community, please add to the spreadsheet!
CDFI Fund Implements Telework
To protect ourselves and our families from the spread of COVID-19 and in accordance with guidance issued by the Office of Personnel Management, the Community Development Financial Institutions Fund’s (CDFI Fund’s) employees will be utilizing maximum telework flexibilities beginning Tuesday, March 17, 2020.
HUD Suspends REAC Inspections
The offices of Multifamily Housing and Public and Indian Housing (PIH) at HUD are suspending REAC inspections until further notice in light of COVID-19. Where there is an exigent circumstance or reason to believe that there is a threat to life or property at a specific location, inspections will be conducted by HUD quality assurance inspectors.
HUD Revises FY 2020 FMRs
HUD released updated Fiscal Year (FY) 2020 fair market rents (FMRs) for six areas based on new survey data: Asheville, NC HUD Metro FMR Area (HMFA), Eugene-Springfield, OR Metropolitan Statistical Area (MSA), Portland, ME HMFA, Santa Maria-Santa Barbara, CA MSA, Worcester, MA HMFA and Guam. The revised FY 2020 FMRs for these six areas are effective on April 10, 2020.
REHAB Act Introduced in Congress
Representative Earl Blumenauer (D-OR) introduced the Revitalizing Economies, Housing and Business (REHAB) Act of 2020 along with Reps. Mike Kelly (R-PA), Darin LaHood (R-IL) and Dan Kildee (D-MI).