HUD

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. 

HUD

HUD Revises Base City High Cost Percentage, High Cost Area and Per Unit Substantial Rehabilitation Threshold for 2022

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

HUD Posts FY 2022 Section 8 HAP AAFs

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.

HUD

FHA Removes Temporary COVID-19 Underwriting Mitigants for Multifamily 223(f) Transactions

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.

HUD

Updated Preservation Data Available from the National Housing Preservation Database

The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation updated its National Housing Preservation Database.

HUD

HUD Releases New Section 3 Guidebook

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.

Department of Energy

Department of Energy Extends Categorical Eligibility to Include HUD-Assisted Households

The Department of Energy released Weatherization Program Notice 22-5, which expands client eligibility for the program.

HUD

HUD Issues Notice Requiring Carbon Monoxide Alarms, Detectors in Assisted Housing

HUD issued Notice PIH 2022-01 to HUD-assisted housing owners clarifying the requirement they install carbon monoxide alarms or detectors in their properties.

HUD

Choice Neighborhoods Implementations Grant Application Due Feb. 15

Multifamily communities can work with local governments to apply for the 2021 Choice Neighborhoods Implementation Grant Notice of Funding Opportunity.

HUD

NH&RA Joins Rent Comparability Study Letter to HUD

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.

HUD

Heckles Appointed HUD Regional Administrator

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.

HUD

Democratic HFSC Members Send Letter to HUD, NY and Philadelphia Housing Authorities Regarding Deadly Fires

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.

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