HUD

HUD

HOME Improvement: HUD Updates Reference Point for Maximum Per Unit Subsidy Under HOME Program 

HUD’s HOME Program limit on the per-unit subsidy amount that a Participating Jurisdiction is permitted to invest in multifamily housing projects has historically been set at the Section 221(d)(3) mortgage insurance program maximum per-unit amounts.

HUD

HUD Guidance on Application of the Fair Housing Act to the Screening of Applicants for Rental Housing

HUD’s Office of Fair Housing and Equal Opportunity issued guidance on the Application of the Fair Housing Act to the Screening of Applicants for Rental Housing.

HUD

HUD Holds Repositioning Office Hours – May 12

HUD’s Office of Recapitalization, Special Applications Center (SAC), Voucher Program and field operations will be available to answer questions about repositioning – particularly questions that other PHAs would benefit from having HUD staff address in a live recorded webinar from 1 to 3 p.m. ET on May 15.

HUD

HUD Updates Multifamily Wind and Storm Insurance Policy  

HUD announced an increase in deductibles for wind and named insurance coverage for multifamily properties financed with FHA-insured mortgages as a measure to address rising wind and storm insurance costs in recent years with extreme weather events expected to continue.

HUD

Senate, House Hold FY 2025 HUD Appropriations Hearings – April 30 & May 1 

Senate, House Hold FY 2025 HUD Appropriations Hearings – April 30 & May 1 

HUD

Comments on Proposed Rule Modifying PHA Selection Criteria for Applicants with Convictions, Arrest Records Due June 10 

HUD published a proposed rule that would amend the regulations governing admission to certain HUD-supported housing for applicants with criminal records or histories of involvement with the criminal justice system and evictions based on illegal drug use, drug-related criminal activity or other criminal activity.

General News

BPC Hosts Chat with HUD Acting Secretary Adrianne Todman – April 23 

Attend the event in-person or join virtually, as Bipartisan Policy Center’s (BPC) executive director Dennis Shea hosts a fireside chat with new HUD Acting Secretary Adrianne Todman discussing HUD’s approach and strategies in addressing the housing shortage on April 23 at 10 a.m. ET.

HUD

HUD Updates GRRP NOFOs

In April, HUD published updates to the three Green and Resilient Retrofit Program (GRRP) Notices of Funding Opportunities (NOFOs) Elements, Leading Edge and Comprehensive.

HUD

HUD Publishes Guidance on Compliance with the New Radon Policy

HUD published the Interim Best Practices for Documenting Compliance with the Departmental Radon Policy in HEROS.

HUD

HUD Highlights Congressional Changes to RAD Statute, Implementation Guidance Forthcoming

HUD’s Office of Housing detailed the recent changes to the Rental Assistance Demonstration (RAD) statute included in the FY 2024 Appropriations bill.

HUD

HUD Publishes 2024 Income Limits, Implements Ten Percent Cap

HUD published the 2024 Income Limits, which determine eligibility for assisted housing programs, including the Public Housing, Section 8 project-based, Section 8 Housing Choice Voucher, Section 202 housing for the elderly and Section 811 housing for persons with disabilities programs, as well as Multifamily Tax Subsidy Project (MTSP) income limits that determine eligibility for LIHTC and tax-exempt private activity bond (PAB)-financed properties.

HUD

HUD Publishes FY 2024 AAFs

HUD published the Annual Adjustment Factors (AAFs) for Fiscal Year (FY) 2024. AAFs are used to adjust rents for housing assistance payments (HAP) contracts.

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