News

General News

Submit Property Examples to AHTCC’s Housing Credit Property Gallery

The Affordable Housing Tax Credit Coalition is soliciting properties for its Housing Credit property gallery.

General News

Average Income Regulations Submitted for OIRA Approval

The much-anticipated average income regulations have cleared the Treasury Department and are now under review by the White House Office of Information and Regulatory Affairs (OIRA).

USDA Rural Development

USDA RD Publishes FY 2023 Management Fees

The U.S. Department of Agriculture’s Rural Development (RD) published Procedural Notice (PN) 567 announcing final management fees for Fiscal Year (FY) 2023.

Federal Housing Finance Agency

FHFA Undertakes Comprehensive Review of the FHLBank System

The Federal Housing Finance Agency (FHFA) announced it will conduct a comprehensive review of the Federal Home Loan Bank (FHLBank) System beginning in the fall of 2022.

HUD

HUD Increases Frequency of the Distribution of Surplus Cash for Non-Assisted HUD Insured Properties

In Mortgagee Letter 2022-16, HUD outlined the dramatic increase in surplus cash distributions.

HUD

HUD Publishes FY 2023 FMRs with Ten Percent Average National Increase

Nationally, HUD’s Fiscal Year 2023 Fair Market Rents (FMRs) will increase by an average of approximately ten percent.

NH&RA News 50th

NH&RA Submits Comments on NCSHA’s Recommended Practices

The National Council of State Housing Agencies (NCSHA) solicited comments on its Recommended Practices in Housing Credit Administration.

General News

RD Issues Letter on Reserve Deposit Resizing

Rural Development (RD) recently published an Unnumbered Letter (UL) entitled, “Section 515 and Section 514 Multi-Family Housing Reserve Deposit Resizing.”

General News

Strategies for Achieving Zero Energy in Multifamily Buildings Webinar – Sept. 13

The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) recently published an Advanced Energy Design Guide (AEDG) for Multifamily Buildings, developed with support from the Department of Energy (DOE) and aimed at assisting multifamily building owners and operators, design professionals and developers in achieving zero energy buildings.

Federal Housing Finance Agency

HFA Publishes New Multifamily Affordable Housing Goals for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) recently proposed multifamily affordable housing goals for Fannie Mae and Freddie Mac for 2023 and 2024.

General News

Polsinelli Publishes Green Tax Incentive Compendium

Jerome Garciano with Polsineli published his annual Green Tax Incentive Compendium, which presents certain federal and state tax incentives promoting the renewable energy and energy efficiency industries. Each

General News

CDFI Funds Holds Equitable Recovery Program Webinar – Aug. 25

The CDFI Fund will hold a CDFI ERP Supplemental FAQs webinar from 1 to 2:30 p.m. ET on August 25 to inform applicants about the FY 2022 CDFI Equitable Recovery Program (CDFI ERP) application.

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