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.
In Mortgagee Letter 2022-05 and Housing Notice 2022-02, HUD increased the substantial rehabilitation for FHA insured loan programs from $15,000 to $16,983 per unit.
HUD issued a notice of Fiscal Year (FY) 2022 Annual Adjustment Factors (AAFs) for certain properties in HUD’s Section 8 housing assistance payment (HAP) programs.
The Federal Housing Administration (FHA) announced that it is removing temporary COVID-19 underwriting mitigants for multifamily transactions insured under Section 223(f) of the National Housing Act effective immediately for all insured transactions that have yet to reach endorsement.
The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation updated its National Housing Preservation Database.
HUD released its Section 3 Guidebook. Section 3 is a provision of the Housing and Urban Development Act of 1968 that ensures employment, training and contracting opportunities for low- and very low-income workers and eligible businesses in connection with the planning, construction and rehabilitation of housing and community development projects assisted by HUD.
The Department of Energy released Weatherization Program Notice 22-5, which expands client eligibility for the program.
HUD issued Notice PIH 2022-01 to HUD-assisted housing owners clarifying the requirement they install carbon monoxide alarms or detectors in their properties.
Multifamily communities can work with local governments to apply for the 2021 Choice Neighborhoods Implementation Grant Notice of Funding Opportunity.
NH&RA joined a letter led by the National Leased Housing Association to HUD Secretary Marcia Fudge on its rent comparability study policy around the valuation of non-shelter services.
President Joe Biden (D) appointed Maryland Department of Housing and Community Development Assistant Secretary and Community Development Administration Director Matthew Heckles to serve as the HUD administrator for region three, covering Delaware, Maryland, Pennsylvania, Virginia, West Virginia and Washington, DC.
House Committee on Financial Services Chairwoman Maxine Waters (D-CA) and several Democratic Members of the Committee, including Reps. Emanuel Cleaver (D-MO), Ritchie Torres (D-NY), Alexandria Ocasio-Cortez (D-NY) and Madeleine Dean (D-PA), sent letters to HUD Secretary Marcia Fudge, as well as to New York and Philadelphia housing authorities, local officials and property owners following the two recent fire-related tragedies.