HUD

HUD’s Multifamily Housing Office of Recapitalization published a supplemental notice delivering changes and updates to the Rental Assistance Demonstration (RAD) program.

HUD’s Office of Policy Development and Research published a Frequently Asked Questions (FAQ) guide for positive rent reporting in HUD-assisted housing.

Scott Turner, President Donald Trump’s nominee for Secretary of HUD, testified before the Senate Banking, Housing and Urban Affairs Committee on Jan. 16, 2025.

In late December, HUD published Notice PIH 2024-40, modifying previous guidance (Notice PIH 2021-07) regarding how a public housing agency (PHA) can apply to demolish or dispose of public housing under Section 18 of the Housing Act of 1937.  

HUD has formally approved changes to the debt service coverage (DSCR) and loan-to-cost (LTC)/loan-to-value (LTV) criteria for 221(d)(4) and 223(f) programs.

On Thursday, Jan. 16, 2025 at 10 a.m. EDT, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing on the nomination of Eric Turner to be Secretary of the U.S. Department of Housing and Urban Development.

HUD has announced that the latest HOME Monthly Reports, as of November 30, 2024, are now available. Why it matters: These reports are crucial for Participating Jurisdictions (PJs) to effectively track and manage their housing initiatives. Details: The bottom line: These reports empower PJs to optimize their housing strategies, ensuring effective use of resources and […]

The northeast regional affordable housing community had the opportunity to receive an update on agency executions for workforce housing from PGIM’s Michael Lostocco at the NH&RA Fall Developers Forum. Fannie Mae and Freddie Mac have developed voluntary programs aimed at addressing housing affordability, particularly for middle-income renters.

At NH&RA’s Fall Developers Forum in Boston a couple weeks ago, Bennett Applegate, Jr. of Applegate & Thorne-Thomsen and Jesse Elton of The Community Builders provided some clarity on the nuances of Faircloth to RAD and the opportunities the program has created.  

President-elect Donald Trump has nominated Scott Turner, a former Texas legislator, NFL player and community advocate, to serve as Secretary of the U.S. Department of Housing and Urban Development.

HUD is marking the 50th anniversary of the Housing Choice Voucher (HCV) program, established under the Housing and Community Development Act of 1974.

The Department of Housing and Urban Development (HUD) has proposed draft Mortgagee Letters adjusting underwriting standards for affordable multifamily housing loans.