HUD

HUD recently released Community Development Block Grant Program (CDBG) and HOME Investment Partnership Program formula allocations for FY 2013.

The National Affordable Housing Management Association (NAHMA) recently released its Affordable 100 which ranks the largest affordable multifamily property management companies, ranked by affordable unit counts. In an effort to accurately determine the portfolio of affordable units receiving federal subsidy in the United States, NAHMA publishes this annual listing of affordable units containing at least one of the following federal subsidies: HUD Project-based Assistance, Section 42 LIHTC, HOME funds, USDA Section 515, or Bonds. 

HUD recently released the FY2013 NOFA for Choice Neighborhoods Implementation Grants on the Grants.gov website. HUD will make approximately $109 million in grants to revitalize public and HUD-assisted housing and transform communities. Individual grant awards may be for up to a maximum of $30,000,000.

The National Housing Conference and California Housing Partnership have published a new guide titled “Veterans Permanent Supportive Housing: Policy and Practice”.

The House of Representatives Appropriations Committee recently approved FY 2014 spending caps, known as 302(b) allocations, for its 12 individual appropriations Subcommittees, including the Transportation-HUD (T-HUD) and Agriculture-Rural Development Subcommittees.

HUD has published a notice in the Federal Register announcing the FY-2013 Annual Adjustment Factors (AFF) for adjustment of contract rents for units assisted in certain Section 8 housing assistance payment programs during the initial (i.e., pre-renewal) term of the HAP contract and for all units in the Project-Based Certificate program.

HUD recently issued Notice PIH-2013-11 to provide instructions for submitting requests for Subsidy Layering Reviews (SLRs) according to various guidelines.

NH&RA hosted nearly 150 professionals at the 2013 Spring Developers Forum May 7-8 in Marina del Rey, CA. All conference materials, Power Point presentations, relevant articles, reports, memos, etc. are available for review.

The Departments of Justice (DOJ) and Housing and Urban Development (HUD) have released new guidance on design and construction requirements under the Fair Housing Act.

In accordance with Section 206A of the National Housing Act, HUD has adjusted the Basic Statutory Mortgage Limits for Multifamily Housing Programs for Calendar Year 2013.  Effective Date: January 1, 2013.

HUD’s Office of Multifamily Housing recently issued a memo providing guidance for processing requests by mortgagees to reduce the interest rate on an insure mortgage loans and to clarify HUD’s processing procedures to reduce the interest rate and re-amortize the loan.

HUD recently released Notice H 2013-12 to update and replace Notice 2009-10, which defined the Department’s initial procedures for processing certain Section 202 Supportive Housing for the Elderly projects and Section 811 Supportive Housing for Persons with Disabilities under a delegated processing system.