News
RAD End of Year Closing Deadlines RAD End of Year Closing Deadlines
HUD’s Office of Recapitalization recently released timelines for year-end closings of Rental Assistance Demonstration (RAD) transactions.
HUD to Hold Innovative Housing Showcase
HUD will host the Innovative Housing Showcase on the National Mall in Washington, DC June 10 to 12.
FHA Temporarily Implements Direct-to-Firm Commitment Process
HUD’s Office of Production issued temporary, three-month guidance implementing a procedural change to its underwriting queue to improve process efficiency.
HUD Launches Our Way Home Initiative
Today, Secretary Marcia Fudge launched Our Way Home, a HUD-led effort to address the nation’s housing supply challenges.
HUD Publishes Section 8 2022 Renewal Funding Inflation Factors for PHAs
HUD’s recent Federal Register Notice announced the release of 2022 Renewal Funding Inflation Factors (RFIFs) used for allocating Housing Choice Vouchers funds to PHAs.
HUD Releases Civil Rights Guidance on Marketing and Application Requirements for Subsidized Multifamily Properties
Two new guidance pieces from HUD clarify how certain marketing, rental application processing and waitlist management practices can perpetuate segregation or otherwise discriminate in violation of Title VI of the Civil Rights Act.
USDA Releases Housing Preservation Grants RFA
The U.S. Department of Agriculture (USDA) released the Fiscal Year 2022 Request for Applications (RFA) for its Section 533 Housing Preservation Grant, which funds the repair or rehabilitation of housing owned or occupied by low- and very-low-income rural citizens.
Sandra Thompson Confirmed as FHFA Director
Last week the Senate voted 49-46 to confirm Sandra Thompson as director of the Federal Housing Finance Agency (FHFA).
Bipartisan Group of Lawmakers Call for Expedited Final Rule on Income Averaging
Last week, a bipartisan group of lawmakers sent a letter to the Department of Treasury and Internal Revenue Service urging the expedited release of a final rule on income averaging under the LIHTC program.
Julia Gordon Sworn in as FHA Commissioner
HUD Secretary Marcia
HUD Expands Eviction Protection and Diversion Program with Additional $20 Million
HUD announced $20 million in new grants for its Eviction Protection Grant Program, doubling the amount originally allocated for the launch of the program in November 2021
Twin Cities Metropolitan Council Approves Local Housing Incentives Account Funding
The Metropolitan Council of the Twin Cities announced a total of $3.5 million was approved for the Local Housing Incentives Account (LHIA).