HUD

HUD

HUD Publishes URA Low Income Limits

The 2022 Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA) – Low Income Limits have been issued on HUD.gov with an effective date of April 18, 2022. The low-income limits are used in connection with rental assistance payment calculations under 49 CFR 24.402(b). 

HUD

HUD Releases FY 2022 Income Limits

HUD released the Fiscal Year (FY) 2022 Income Limits for 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.

HUD

Senate Advances FHA Commissioner Nomination

Yesterday, the Senate voted to discharge the nomination of Julia Gordon to serve as commissioner of the Federal Housing Administration/deputy secretary of HUD’s Office of Housing.

HUD

HUD Withdraws Clarification on Valuation of Non Shelter Services Memo

On March 24, HUD issued a memo withdrawing its November 15 Clarification on Valuation of Non Shelter Services memo. HUD expects to more fully address the issues that led to the release of this memo, as well as questions and concerns arising from the memo, in upcoming draft revisions to Chapter 9 of the Section 8 Renewal Policy Guidebook.

HUD

HUD Names Willie Fobbs Director of Multifamily Office of FHA Production

HUD recently named Willie Fobbs as director of Multifamily’s Office of Production. Prior to joining HUD, Fobbs served as the associate director of housing production and preservation at the Virginia Department of Housing and Community Development (DHCD).

HUD

President Biden Releases FY2023 Budget Request

On Monday, the White House released its FY 2023 budget proposal, which requests $71.9 billion in discretionary funding for HUD and $50 billion for “Addressing Cost Pressures and Expanding Economic Capacity.”  

HUD

HUD Updates Mortgage Limits for Multifamily Housing Programs, Substantial Rehabilitation Thresholds

HUD published a Federal Register notice adjusting the Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs. The percentage change in the consumer price index for all urban consumers is 4.2 percent and the limits have an effective date of Jan. 1, 2022.

HUD

HUD Extends Expedited Regulatory Waiver Deadline for PHAs

HUD extended the submission deadline for expedited regulatory waivers until April 1, 2022, for Public Housing and Housing Choice Vouchers.

HUD

HUD Updates FMRs for 12 Areas

HUD updated the fair market rents (FMRs) for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program and other programs for Fiscal Year 2022 for 12 areas based on new survey data: 

HUD

Congress Passes Full FY 2022 Funding

Last week, Congress passed FY 2022 funding through Sept. 30, 2022. The bill includes 53.7 billion in HUD funding, a $4 billion increase of FY 2021 levels.

HUD

New Resources for DCTA Recipients and Smaller Distressed Communities

HUD’s library of resources, relevant to Distressed Cities and Persistent Poverty Technical Assistance (DCTA) recipients and smaller distressed communities, features a wide range of resources, reports, webinars and funding opportunities that might be of interest to small governments, tribal organizations and nonprofits, including COVID-19 recovery information.

HUD

Impact of Rising Utility Costs on Residents of Multifamily Housing Programs

The U.S. Department of Energy forecasts a three-year high in 2022 for average residential utility costs across the U.S. that may affect families who pay for some or all of their household’s utility bills. 

[Page 1 of 139 ]