HUD

HUD has posted to the RAD Resource Desk a new “Post-Conversion Approval Processing Guide,” which provides information to Owners and PHAs on how to process post-closing issues that may arise after RAD conversion, some of which require HUD approval.

HUD Office of Environment and Energy will hold a webinar on its Environmental Review Online System at 1:00 pm ET on August 6. The webinar will quiz participants on frequently asked questions regarding the HUD Environmental Review Online System (HEROS) that users have submitted through the HUD Exchange Ask A Question portal, field offices, and other various outlets.

The Ohio Housing Finance Agency (OHFA) updated its Bond Gap Financing (BGF) Frequently Asked Questions document. OHFA also released is draft program year 2020 Community Development Block Grant – Disaster Recovery (CDBG-DR) Action Plan for comment. Comments should be submitted to [email protected] by August 9.

HUD is making available $224 million of CARES Act funds available to offset property expenditures to combat the effects of COVID-19. The supplemental payments may cover additional cleaning and disinfecting, additional staff, face coverings and other expenses to help keep properties safe for residents. Requests are due to HUD or the Contract Administrator by August 5, 2020.

HUD released a new final rule, Preserving Community and Neighborhood Choice, which would replace the Obama Administration’s Affirmatively Furthering Fair Housing (AFFH) rule. Under the new rule, a federal grantee would be required to certify that it has affirmatively furthered fair housing. The final rule has yet to be officially published in the Federal Register. Comments are due 30 days after publication.

The Senate voted 57-40 to confirm Dana Wade to be the Federal Housing Administration (FHA) commissioner and assistant secretary at HUD. Wade is succeeding acting FHA Commissioner Len Wolfson, who took over when former Commissioner Brian Montgomery was confirmed as deputy secretary of the Department of Housing and Urban Development.

HUD released a proposed rule on rent adjustments in its Mark-to-Market Program, which would revise the Mark-to-Market program regulations to clarify that all annual rent adjustments for projects subject to a restructuring plan are by application of an operating cost adjustment factor established by HUD. Comments are due by September 14.

The Baltimore Metropolitan Council (BMC) is seeking qualified and experienced developers to apply for affordable housing subsidies for new construction, substantial rehabilitation or existing housing through the Baltimore Regional Project-Based Voucher (PBV) Program.

Governor Larry Hogan (R) announced a $30 million rental assistance program to prevent evictions and help Marylanders affected by the COVID-19 pandemic. The State’s allocation of $20 million in Community Development Block Grant (CDBG) COVID funding will be deployed across local jurisdictions in Maryland to provide further support for local eviction prevention programs.

NH&RA is leading a sign-on letter urging HUD to extend the current moratorium on Real Estate Assessment Center (REAC) inspections for all Multifamily programs through the end of 2020, except where there is a documented threat to health and safety at a property. The letter also requests that HUD waive the 14-day property specific scheduling notice and permit a 30-day scheduling notification. Click

Yesterday, the full House Committee on Appropriations voted along party lines to approve the fiscal year (FY) 2021 Transportation, Housing and Urban Development and Related Agencies (T-HUD) bill. A summary of the HUD provisions can be found here. The full committee added the and amendment that allows certain CDBG-DR grantees to request relief from recaptures for overpayments.

The eviction moratorium for HUD-assisted multifamily properties authorized by the CARES Act will expire on July 24. Last week, HUD’s Office of Multifamily Housing published guidance for multifamily property owners on promoting housing stability during the pandemic. Separately, HUD published Notice H 2020-7, Coronavirus Aid, Relief and Economic Security (CARES) Act Eviction Moratorium that extends […]