HUD

HUD published an updated RAD Inventory Assessment Tool. The tool is designed for PHAs that are newly considering or re-considering RAD at RAD rents based on the FY 18 Appropriation levels.

On June 4, the House Appropriations Committee approved the FY 2020 Transportation-HUD appropriations bills on a partisan 29-21 vote. The bill provides $50.1 billion for HUD programs, $5.9 billion of the FY 2019 enacted funding level.

The City of Newport News, VA and the Newport News Redevelopment and Housing Authority are the recipients of a $30 million grant from HUD’s FY 2018 Choice Neighborhoods Initiative (CNI) Awards. Pennrose and the Newport News Redevelopment and Housing Authority will replace Ridley Place’s 259 public housing units, as well as create 133 moderate-income housing units and 98 market rate units.

The Boston Housing Authority will become the first in the nation to voluntarily adopt small area fair market rents (SAFMRs). Doing so would link the value of a housing voucher to rent levels by ZIP code rather than to rent levels for the housing market overall, meaning that people with vouchers may have greater access to higher-cost neighborhoods.

Last week HUD released Version 3 of the Location Affordability Index (LAI) dataset. The LAI is a nationwide database of modeled household housing and transportation costs launched by HUD and the Department of Transportation in 2013. The updated version provides greater insight into how these costs vary by geographic and household characteristics. Version 3 primarily uses data from the 2012-2016 American Community Su

Two HUD proposed rules seek to create flexibilities in the Community Development Block Grant (CDBG) and HOME Investment Partnerships programs to incentivize their use in Opportunity Zones.

HUD published a Notice of Emergency Approval of an Information Collection: National Standards for the Physical Inspection of Real Estate (NSPIRE) Demonstration. The document outlines a few important details for the new 2-year Real Estate Assessment Center (REAC) demonstration which HUD hopes will identify potential adjustments to standards, protocols, and processes.

The National Council of Housing Market Analysts (NCHMA) sent comments and recommendations to HUD as it updates Chapter 7 of the Multifamily Accelerated Processing (MAP) Guide Market Study Guidelines.

Approximately $2 million in Section 811 project-based rental assistance is available under Round 1 of the Section 811 Project Rental Assistance (PRA) program. Units provided this rental assistance would need to be occupied by PRA-eligible tenants no later than September 30, 2020. The California Housing Finance Agency is accepting applications now an over-the counter first-come-first-served […]

HUD announced $5 million will be made available this summer for the purchase and installation of carbon monoxide (CO) detectors in public housing units where they are necessary. HUD also announced it has been working with Congressional leaders on the Senate Banking Committee on legislation that will require CO detectors in HUD-assisted housing units that need them.

The Transportation, Housing and Urban Development, and Related Agencies (T-HUD) Subcommittee of the House Appropriations Committee will markup the FY 2020 T-HUD appropriations bill at 8:30 am EDT on May 23.

The New Mexico Mortgage Finance Authority (MFA) and the New Mexico Department of Finance and Administration, Local Government Division (DFA) are seeking public comment on the Draft State of New Mexico 2019 Annual Action Plan (AAP).