News
Attorney Suzanne Tufts Nominated as Assistant Secretary of HUD, Administration
The Senate received a list of nominations from President Trump on September 5.
HUD Publishes 2018 FMRs for HCV, Mod-Rehab SRO and Adopts New FMR Methodology
New Fair Market Rents (FMRs) have been published at HUDuser.gov and will take effect on October 1, 2017.
HUD Publishes High Cost Areas Allowing Exceptions to Maximum Mortgage Limits
HUD’s recent letter specifies High Cost Areas as of January 1, 2017, with thresholds set for each area.
HUD Seeks Interested PHAs to Receive New HUD-VASH Vouchers
$40 million was made available in the 2017 Appropriations Act, which will support 5,500 new HUD-VASH vouchers.
LIHTC Compliance in a Disaster Area
CohnReznick recently made a recording available, in which Beth Mullen explains the impact a major disaster can have on a tax credit property.
HUD Announces Choice Neighborhoods Implementation Grant NOFA, Apps Due 11/22
The NOFA announced approximately $132 million available for awards.
HUD Issues Guidance on Implementing Lead-Safety Housing Rule
The guidance is for public housing agencies (PHAs) and private owners of properties using HCVs and PBVs.
Multifamily Energy and Water Management Toolkit
The following toolkit is intended to help improve energy and water management and reduce costs, spending and environmental impacts over the long‐term, while helping to preserve affordable properties. The toolkit is designed to be used by organizations with different levels of experience and capacity in the area of energy and water management. Tools can be […]
New RAD Notice: Increase in Cap and Rent Setting; PHAs Have 60 Days to Act
PHAs which have previously submitted a Letter of Interest (LOI) are now eligible and have 60 days to submit a RAD application for the units specified in their LOIs.
HUD Suspends Mandatory Implementation of Small Area Fair Market Rents
In a letter dated August 11, HUD notified PHAs in 23 metropolitan areas that the small area FMR designation would be suspended until October 1, 2019.
Updates to CNA e-Tool – New Spreadsheet
HUD has released technical updates as well as links to updated documents and instructions. The improved Assessor Tool Excel Sheet (CNA 1.2 V4) is now available and is required if you are assessing a property in the New England Region where the zip code starts with zero.
CDFI Fund Seeks Underwriters, Assessors to Review Applications
The CDFI Fund is looking for experienced affordable housing professionals to review Capital Magnet Fund applications from early October through mid-November. Applicant reviewers would work from their own chosen remote location.