News

HUD

HUD Seeks Interested PHAs to Receive New HUD-VASH Vouchers

$40 million was made available in the 2017 Appropriations Act, which will support 5,500 new HUD-VASH vouchers.

NH&RA News

LIHTC Compliance in a Disaster Area

CohnReznick recently made a recording available, in which Beth Mullen explains the impact a major disaster can have on a tax credit property.

HUD

HUD Announces Choice Neighborhoods Implementation Grant NOFA, Apps Due 11/22

The NOFA announced approximately $132 million available for awards.

HUD

HUD Issues Guidance on Implementing Lead-Safety Housing Rule

The guidance is for public housing agencies (PHAs) and private owners of properties using HCVs and PBVs.

Multifamily Energy and Water Management Toolkit

The following toolkit is intended to help improve energy and water management and reduce costs, spending and environmental impacts over the long‐term, while helping to preserve affordable properties. The toolkit is designed to be used by organizations with different levels of experience and capacity in the area of energy and water management. Tools can be […]

HUD

New RAD Notice: Increase in Cap and Rent Setting; PHAs Have 60 Days to Act

PHAs which have previously submitted a Letter of Interest (LOI) are now eligible and have 60 days to submit a RAD application for the units specified in their LOIs.

HUD

HUD Suspends Mandatory Implementation of Small Area Fair Market Rents

In a letter dated August 11, HUD notified PHAs in 23 metropolitan areas that the small area FMR designation would be suspended until October 1, 2019.

HUD

Updates to CNA e-Tool – New Spreadsheet

HUD has released technical updates as well as links to updated documents and instructions. The improved Assessor Tool Excel Sheet (CNA 1.2 V4) is now available and is required if you are assessing a property in the New England Region where the zip code starts with zero.

General News

CDFI Fund Seeks Underwriters, Assessors to Review Applications

The CDFI Fund is looking for experienced affordable housing professionals to review Capital Magnet Fund applications from early October through mid-November. Applicant reviewers would work from their own chosen remote location.

HUD

Two HUD Nominations Confirmed by Senate

Anna Maria Farias and Neal Rackleff will serve as Assistant Secretaries at HUD. The two Texas lawyers were both confirmed on August 3.

General News

2017 Shows Continued High Demand for New Markets Tax Credits

The CDFI Fund received 230 applications in its 2017 round for the New Markets Tax Credit Program.

HUD

HUD Report: While Economy Improves, Number of Greatest Need Renters Nears Record High

HUD’s 2017 edition of its Worst Case Housing Needs shows that severe housing problems are on the rise.

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