HUD

HUD has published a notice entitled Operating Guidance for Implementing FY 2012 HOME Appropriation Requirements.

HUD and the United States Interagency Council on Homelessness (USICH) will host a webinar entitled “Beyond HUD-VASH: Ending Veteran Homelessness” on Wednesday, May 23 at 3:00 pm EST.

HUD’s Office of Multifamily Housing Programs has published a Notice of Funding Availability (NOFA) for the Section 811 Project Rental Assistance Demonstration Program (PRA Demo).

NH&RA and its Legislative Leadership and HOPE VI/Mixed-Finance Committees were pleased to submit comments to HUD on its Rental Assistance Demonstration implementation strategy laid out in Notice PIH 2012-18.

A new report released by the Government Accountability Office (GAO) finds that data on the overall impact of the CDBG and HOME Programs are limited because, among other things, such an evaluation would have to compare neighborhoods that received program assistance with those that did not.

HUD has published a proposed rule in the May 15 Federal Register that would make conforming changes to the regulations of the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher programs.

HUD has released its U.S. Housing Market Conditions 1st Quarter 2012 Preview.

On May 14, HUD published Housing Notice 2012-10, entitled “Guidelines for Assumption, Subordination, or Assignment of Mark-to-Market (M2M) Loans in Transfer of Physical Assets (TPA) and Refinance Transactions.”

A group of national trade organizations representing organizations involved in the development, construction, ownership, and management of market rate and affordable multifamily rental housing and health care facilities sent a letter to HUD regarding the agency’s recent increase of mortgage insurance premiums (MIPs) for certain FHA multifamily housing, health care facilities, and hospital mortgage insurance programs for commitments to be issued or reissued in FY2013.

The U.S. Department of Housing and Urban Development has issued Mortgagee Letter 2012-8 that sets forth HUD’s policy for defining the indebtedness eligible for refinancing in connection with healthcare (Sections 232 and 242) projects, and in connection with multifamily projects to include interest rate swap termination fees.

HUD recently published Notice H 2012-8, which provides guidance for the pre-payment and refinancing of Section 202 Direct Loan projects, and supersedes all outstanding policy regarding Section 202 Direct Loan pre-payments.

HUD recently issued Notice PIH 12-20 which retracts a former notice, PIH Notice 12-19 titled “Implementation of Funding for Tenant-Protection Vouchers for Certain At- Risk Households in Low-Vacancy Areas”.