News
HUD Issues Supplement to the Implementation of the Final Rule on Section Three Regulations
HUD published Notice PIH 2022-38/FPM-19-2022: Reporting Supplement to the Implementation of the Final Rule on Section 3 Regulations – 24 CFR Part 75.
FY 2023 Funding Enacted
The Senate, by a vote of 68-29, and the House of Representatives, by a vote of 225-201, passed a full-year omnibus appropriations bill for Fiscal Year (FY) 2023.
Carbon Monoxide Requirement for HUD-Assisted Properties Becomes Effective
Effective as of Dec. 27, 2022, all HUD-assisted rental properties with carbon monoxide sources, such as fuel-burning appliances or attached garages, must have a carbon monoxide device. More details can be found in PIH and Housing Notice 2022-01. PHAs still purchasing devices can consider Lowe’s partnership with OMNIA Partners to provide government agencies and nonprofits contract savings at the time of purchase, with no minimum order required.
CDFI Fund Updates NMTC FAQs
The Community Development Financial Institutions Fund (CDFI Fund) posted an updated calendar year (CY) 2022 New Markets Tax Credit Program (NMTC Program) Allocation Application Frequently Asked Questions (FAQs) document.
White House Launches Resident-Centered Property Management Practices Pre-Challenge, Responses Due Jan. 9
The White House is soliciting responses to its Resident-Centered Property Management Practices Pre-Challenge.
Federal Strategic Plan to End Homelessness
The Biden-Harris administration released All In: The Federal Strategic Plan to Prevent and End Homelessness.
New York Mayor Eric Adams Announces New Plans to Add Housing Supply
Mayor Eric Adams announced new proposals to address the housing crisis and set a “moonshot” goal of meeting the need for 500,000 new homes over the next decade.
State Housing Organizations Sign Hill Letter Urging Inclusion of LIHTC Provisions
Eleven states, including California, Florida, Illinois, Indiana, Kentucky, Massachusetts, Oregon, New York, Pennsylvania, Texas and Washington, sent a letter to leaders of the Senate and House tax committees urging them to include LIHTC provision in a year-end bill.
Congress Poised to Pass Short-Term Continuing Resolution
Funding for the federal government is set to expire on December 15 and Congress is poised to pass a one-week stopgap spending bill to extend Friday’s deadline to fund the government as negotiations continue on a deal to settle disputes over a full year funding agreement with new topline spending levels.
Up For Growth Report Examines Office to Residential Conversion
A new report from Up For Growth provides an analysis of Denver’s Central Business District (CBD) that examines the potential of converting office space to residential housing, an approach under consideration in many communities with high vacancy rates among commercial properties.
NH&RA Working Group on Resident-Centered Property Management Practices
The White House is leading an initiative on resident-centered property management solutions and soliciting best practices.
Congress Returns with Long Year-End To-Do List
Congress returns this week from the Thanksgiving holiday and the votes are in from all but three races.