Federal / Agency News

HUD

No Further AFS Blanket Extensions from HUD

HUD’s Office of Multifamily Housing does not plan to offer a further blanket extension for annual financial statement (AFS) submissions for properties beyond the current extension through June 30, 2021.

HUD

HUD Hosts Radon Webinar May 26

HUD will host the first in a series of three webinars about the dangers of radon and how to manage risks associated with it from 2 to 3:30 p.m. ET on May 26.

General News

New NLIHC ERA Resource Hub, Dashboard, and Searchable Database

The National Low Income Housing Coalition (NLIHC) launched an Emergency Rental Assistance (ERA) Resource Hub, Dashboard and Program Table to monitor trends, facilitate resource sharing and help renters access emergency rental assistance.

General News

Eviction Moratorium Remains in Place after Court Stays Decision

On May 14, the U.S. District of Court for the District of Columbia granted a motion from the defendants to stay the court’s decision to vacate the Centers for Disease Control and Prevention eviction moratorium in Alabama Association of Realtors v. U.S. Department of Health and Human Services. The nationwide eviction moratorium remains in place until the Court of Appeals hears the case and makes its own decision.

Treasury

Michael Hsu Named Acting Comptroller, OCC Halts Implementation of CRA Rule

Treasury Secretary Dr. Janet Yellen named Michael Hsu acting comptroller of the Currency under her authority to appoint deputy comptrollers and have the first deputy act as comptroller if there is a vacancy.

IRS

IRS Announcement Confirms Boundaries of OZs Remain As-Is at Time of Designation

Announcement 2021-10 from the Internal Revenue Service confirms that the boundaries of Designated Qualified Opportunity Zones (OZs)were established at the time they were designated and are not subject to change from the 2020 decennial Census.

congress-capitol

House Ways and Means Infrastructure Holds Hearing May 19

At 10 a.m. ET on May 19, the House Ways and Means Committee will hold a hearing on Leveraging the Tax Code for Infrastructure Investment.

USDA Rural Development

Dan Rogers Named New Director of Production, Preservation at USDA RD

Rural Development (RD) at the U.S. Department of Agriculture announced that Dan Rogers will become the director of Production and Preservation for RD’s Multifamily Housing Field Operations Division.

HUD

MTW Reports on PBVs, FSS and Households Served

HUD’s Office of Policy Development and Research released three reports that examine aspects of the Moving to Work (MTW) demonstration program.

Treasury

Treasury’s ERA2 Guidance: Significant Changes to Landlord Response Time, Self-Attestation & Federally Assisted Households

The Department of the Treasury allocated an additional $21.55 billion in emergency rental assistance funds to the states and communities from the American Rescue Plan Act. The new funds (ERA 2) set aside $2.5 billion for eligible grantees with a high need based on the number of very low-income renter households paying more than 50 […]

General News

U.S. District Court Vacates Eviction Moratorium Nationwide, Decision Stayed through May 12

Last week, U.S. District Judge Dabney Friedrich for the District of Columbia vacated the Centers for Disease Control and Prevention (CDC) eviction moratorium nationwide in Alabama Association of Realtors v. U.S. Department of Health and Human Services.

HUD

HUD, HHS Partner to Distribute COVID Vaccines

Last week, HUD Secretary Marcia Fudge and Health and Human Services (HHS) Secretary Xavier Becerra announced a partnership to ensure that the national COVID-19 response delivers equitable and comprehensive care to those experiencing disproportionate impact, including HUD-assisted households.

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