News

USDA Rural Development

Rural Development Multifamily Housing Temporary Exception to Tenant Recertification Requirements

Rural Development posted a letter entitled, Multifamily Housing Temporary Exception to Tenant Recertification Requirements.

General News

CDFI Fund Opens CY 2022 New Markets Tax Credit Application; Hosts Application Webinar Dec. 1

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) released the Notice of Allocation Availability (NOAA) for the calendar year (CY) 2022 round of the New Markets Tax Credit (NMTC) Program.

General News

CDFI Fund Hosts CMF Pre-Application Webinar – Dec. 5

The Community Development Financial Institutions (CDFI) Fund is hosting a Capital Magnet Fund pre-application webinar on December 5.

General News

JCHS: Service Coordinators Improved Resident Resilience During the Pandemic

During the COVID-19 pandemic, service coordinators increased the capacity of a large and diffuse inter-organizational network to support lower-income older adults.

General News

JCHS Report on Housing and Health Equity for Older Adults

During the pandemic, many older adults faced social isolation and disruptions in access to food, medical care and supportive services.

General News

JCHS: Keeping the (Decarbonized) Lights On Webinar – Dec. 2

The Joint Center for Housing Studies of Harvard University will hold a webinar on December 2.

congress-capitol

Democrats Retain Senate, Republicans Poised to Take Control of House

The 118th Congress will most likely be a divided Congress with Democrats retaining the Senate and Republicans taking over the House of Representatives.

Federal Housing Finance Agency

Fannie, Freddie Multifamily Loan Purchase Caps For 2023 Drop to $75 Billion

The Federal Housing Finance Agency (FHFA) announced that the 2023 multifamily loan purchase caps for Freddie Mac and Fannie Mae will be $75 billion each.

HUD

HUD Updates Workbook to Determine Eligibility for RAD/Section 18 Construction Blend, OZ Rent Boost

HUD updated a workbook that allows public housing authorities (PHAs) to assess the eligibility of a proposed rehabilitation of a property for a Rental Assistance Demonstration (RAD)/Section 18 construction blend or an opportunity zones (OZ) rent boost.

HUD

HUD Hosts NSPIRE Get Ready Session – Nov. 21

HUD’s Real Estate Assessment Center (REAC) is hosting a NSPIRE Get Ready industry session.

Illinois

Rising to the Challenge: Illinois’ Affordable Housing Progress Report

The Illinois Housing Council released its annual housing progress report, which found that Illinois has the eighth highest deficit of homes nationally and that deficit has grown nearly 64 percent in the last ten years.

HUD

HUD Announces $148 Million Available for COVID-19 Expenses in Assisted Multifamily Properties

HUD announced a new application period for COVID-19 Supplemental Payment (CSP) funding.

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