HUD

Neal Rackleff, who most recently served as assistant secretary for Community Planning and Development within the U.S. Department of Housing and Urban Development (HUD), working closely with HUD Secretary Ben Carson, will rejoin Locke Lord as a partner in the Firm’s Affordable Housing and Community Development Section based in the Austin and Houston offices.

On November 23, 2018 HUD released the 2019 operating cost adjustment factors (OCAFs) for project-based rental assistance with an anniversary date on or after February 11, 2019. The nationwide OCAF increased by 2.9 percent, ranging from 0.9 percent in Vermont to 3.5 percent in Alaska.  OCAFs are annual factors used to adjust Section 8 rents […]

The United States Government Accountability Office (GAO) has issued a new report titled, “Department of Housing and Urban Development: Better Guidance and Performance Measures Would Help Strengthen Enforcement Efforts.”  The GAO found that the three program offices of the Department of Housing and Urban Development (HUD) that GAO examined have a process in place for […]

On October 10th, the Department of Homeland Security (DHS) published a proposed rule that would make it more likely for certain immigrants to be denied admission to the U.S. or denied green cards because they receive or would receive lifeline benefits, including Public Housing, Housing Choice Vouchers, and Project-Based Section 8 housing subsidies.  The National […]

As part of HUD’s continuing effort to support “decent, safe and sanitary housing,” Secretary Carson is leading a wholesale re-examination of how the Department conducts inspections to ensure private owners are meeting this standard. As HUD continues its internal review of these inspection protocols, the Department is exploring immediate improvements and those refinements over the […]

The Family Self-Sufficiency program was re-authorized on May 24, 2018 as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act.

HUD has announced it will be extending its Multifamily risk-sharing initiative with the Federal Financing Bank (FFB) for eligible Housing Finance Agencies (HFAs) through December 31, 2018. The initiative was originally scheduled to cease accepting new applications for commitments from HFAs on September 30, 2018, but will now accept new applications for commitments under this […]

On September 25, 2018 Sen. Elizabeth Warren (D-Mass.), introduced the American Housing and Economic Mobility Act of 2018 which would dramatically expand funding for the for affordable housing. The measure aims to use federal funding as  leverage to build up to 3.2 million new housing units for lower-income and middle-class families – bringing down rents […]

NH&RA congratulates the US Department of Housing & Urban Development and on achieving an important milestone — the conversion and preservation of 100,000 public housing units through the Rental Assistance Demonstration (RAD) Program! HUD Secretary Ben Carson, Assistant Secretary for Housing Brian Montgomery, and Multifamily Office of Recapitalization Director Tom Davis were joined by the Housing Authority of the City of Austin and additional officials in Austin, Texas, to celebrate this momentous occasion.

On Monday, September 10, HUD launched a variety of enhancements to the RAD Resource Desk to allow users to more easily manage their RAD transactions.

In the leadership message, director of PD&R’s Housing and Demographic Analysis Division Shawn Bucholtz discusses the release of the 2017 American Housing Survey (AHS) data.

On September 6, the tenth anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, retiring House Financial Services Committee chair Jim Hensarling (R-TX) released a discussion draft for the Bipartisan Housing Finance Reform Act. The measure is co-sponsored by Reps. John Delaney (D-MD) and Jim Himes (D-NY) and would eliminate Fannie Mae […]