News

NH&RA Submits Comments on NCSHA’s Proposed Revisions to Recommended Practices in Housing Credit Administration

NH&RA submitted comments to the National Council of State Housing Agencies’ (NCSHA) draft proposed revisions to its Recommended Practices in Housing Credit Administration (summary, red-line).

Federal Housing Finance Agency

FHFA Director Sandra Thompson’s Statement on Best Practices for Adverse Action Notices for Renters

A written notice paired with a report copy allows the borrower to demonstrate they have fulfilled their legal obligations under the Fair Credit Reporting Act (FCRA), and also permits rental applicants to understand the basis for any denial, fully assert their rights with tenant screening companies, and more effectively correct their records.

QAP New Hampshire

New Hampshire Announces Listening Session for Tax Exempt Bond and NOFO

New Hampshire Housing (NHH) will host a virtual listening session on August 17 at 1:30 p.m. ET to solicit feedback on the NHH Tax-Exempt Bond and four percent LIHTC Notice of Funding Opportunity (NOFO).

Georgia

Georgia’s Department of Community Affairs 2024 QAP Development

Georgia’s Department of Community Affairs (DCA) plans to hold listening sessions for development and input for the 2024 QAP.

QAP Oklahoma

Oklahoma Releases Second QAP Draft

The Oklahoma Housing Finance Agency announced the release of the 2024 QAP to its website.

QAP Tennessee

THDA Accepting Applications for Multifamily Tax Bond Authority

The Tennessee Housing Development Agency (THDA) is accepting applications for MTBA 2023 Round Two on August 14.

South Dakota

Olson Named South Dakota Housing Director

Chas Olson has been appointed executive director of South Dakota Housing.

General News

Rural Development Publishes Procedural Notice 589

Rural Development (RD) published Procedural Notice (PN) 589 announcing management fees for Fiscal Year (FY) 2024.

HUD

HUD Publishes Updated Public and Assisted Housing Guidance for Treatment of Solar Programs for Residents to Benefit

HUD published updated guidance for Public Housing Authorities (PHAs) and owners of properties participating in HUD Multifamily Assisted Housing programs regarding the treatment of financial benefits received from participation in community solar energy programs or the presence of on-site solar facilities.

HUD

HUD Launches $85 Million PRO Housing Funding Opportunity

HUD opened the $85 million first-of-its-kind competitive Pathways to Removing Obstacles to Housing (PRO Housing) funding opportunity for jurisdictions.

NH&RA Submits Comments to FHFA’s Request for Input on Multifamily Tenant Protections

Last week, NH&RA submitted comments to the Federal Housing Finance Agency’s (FHFA) Request for Input (RFI) on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac (the Enterprises).

HUD

HUD Posts CDBG-DR and MIT Monthly Performance Reports

HUD announced that it posted the latest versions of the Community Development Block Grant Disaster Recovery (CDBG-DR) and CDBG-Mitigation (CDBG-MIT) Monthly Performance Reports.

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