Federal / Agency News

General News

Historic Tax Credit Advocacy Needed

The National Trust Community Investment Corporation recently released this Historic Tax Credit (HTC) advocacy video, narrated by Bob Vila.

HUD

Worst Case Housing Needs Report Shows Increase in VLI Households, Decline in Households Receiving Assistance

HUD released the 18th Worst Case Housing Needs report, which provides national data and analysis of critical housing problems facing very low-income renting families.

Treasury

Treasury Publishes Guidance on Emergency Rental Assistance Reallocation

The Department of the Treasury published new guidance outlining the process for reallocating Emergency Rental Assistance funds.

HUD

HUD Releases 2021 OCAFs, 3.1 Percent Increase Nationwide

HUD released the 2021 operating cost adjustment factors (OCAFs) for project-based rental assistance with an anniversary date on or after Feb. 11, 2022.

General News

Government Shutdown Averted, Remaining Deadlines Loom Large

President Joe Biden signed a continuing resolution bill on  September 30 that averted a federal government shutdown, with funding extended to December 3.

HUD

HUD Extends COVID-Related HOME Waivers and Extensions

HUD posted a memorandum that extends and revises several suspensions and waivers of HOME Investment Partnerships Program regulations HUD previously issued in response to the COVID-19 pandemic.

General News

Disaster Planning and Mitigation for Affordable Housing Organizations Webinar – Sept. 25

The Public and Affordable Housing Research Corporation and the National Low Income Housing Coalition are holding a webinar on September 25 from 1 to2:30 p.m. ET on Disaster Planning and Mitigation for Affordable Housing Organizations.

General News

Comments on CDFI Fund’s Bond Guarantee Program Materials Due November 15

The Community Development Financial Institutions Fund (CDFI Fund) is soliciting comments concerning its Bond Guarantee Program’s information collection.

HUD

HUD Posts Annual Adjustment in FHA Statutory Mortgage Limits, List of High Cost Areas for 2021

The Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs; Annual Indexing of Substantial Rehabilitation Threshold Notice was published in the Federal Register on September 9.

HUD

$180 Million of HUD CARES Act Funding for Covid-Relates Property Expenses

HUD’s Office of Multifamily Housing published a Housing Notice making available CARES Act funds to offset property expenditures to combat the effects of COVID-19.

HUD

Arthur Jemison Nominated as CPD Assistant Secretary

President Joseph Biden (D) nominated Arthur Jemison to be Assistant Secretary of Community Planning and Development (CPD) at HUD. Jemison has been serving in an acting capacity and now awaits approval before the Senate.

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