News

HUD

Comments on HUD’s 30-Day Notice Period for Non-Payment of Rent Evictions in HUD-Assisted Properties Rule Due Nov. 8

HUD published an interim final rule, which prohibits the eviction of tenants for nonpayment of rent from HUD-subsidized public housing and certain properties with project-based rental assistance without providing a 30-day notice period that includes information about available federal emergency rental assistance.

HUD

HUD Posts Ask a Question Responses to 2020 MAP Guide

HUD’s Office of Housing published the responses to the Ask a Question tool set up in March 2021 for the 2020 Multifamily Accelerated Processing (MAP) Guide.

General News

Action Alert: Include LIHTC, Affordable Housing in Budget Reconciliation

Budget reconciliation negotiations remain ongoing with a deadline of October 31. Advocacy is needed specifically from Senators and Representatives to leadership (Speaker Nancy Pelosi (D-CA) and Senator Majority Leader Chuck Schumer (D-NY)) and to the National Economic Council at The White House.

HUD

Senate Committee Considers Nomination of Assistant Secretary for Administration at HUD

The Senate Committee on Banking, Housing and Urban Affairs held a hearing on October 26 to consider the nomination of Elizabeth de Leon Bhargava to be an assistant secretary for Administration at HUD.

General News

Picture of Preservation Report: 176,760 Federally Assisted Homes Could be Lost Over Five Years

The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation released the 2021 edition of Picture of Preservation.

HUD

HUD Revises HAP Assignment Form

The Office of Asset Management and Portfolio Oversight has made revisions to the Housing Assistance Payment (HAP) Assignment form in order to clarify the roles of the various signatories in the HAP Assignment process.

General News

Rep. Price Will Not Seek Re-Election

Representative David Price (D-NC) announced that he will not seek reelection in 2022. Rep. Price has served as a longtime chairman of the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies of the House Appropriations Committee.

HUD

Senate Appropriations Committee Releases Final FY 2022 Bills

Senate Appropriations Committee Chairman Patrick Leahy (D-VT) released the committee’s nine remaining Fiscal Year 2022 (FY22) appropriations bills, which include proposed FY22 spending bills for HUD and Treasury.

Federal Housing Finance Agency

Fannie, Freddie May Acquire up to $78 Billion in Multifamily Loans in 2022

The Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.

General News

2021 LIHTC National Pool is $7.8 Million–Highest Amount in more than 25 Years

Revenue Procedure 2021-44 from the Internal Revenue Service (IRS) allocates nearly $7.8 million–the largest amount in 26 years–of unused LIHTCs to 29 states. $7,797,915 in unused credits will be allocated to states, ranging from $30,789 for South Dakota to $1,357,757 for California.

HUD

Submit Potential Disaster Housing Resources to HUD

HUD is seeking help locating potential resources (vacant units) available to assist with housing survivors displaced as a result of a Presidentially Declared Disaster (PDD). Please complete this form with details of any vacant units, regardless of their connection (or lack thereof) to HUD. While the solicitation is nationwide, HUD and the Federal Emergency Management […]

General News

U.S. Court of Appeals Rules Federal Courts do not have Per Se Jurisdiction in ROFR Cases

The U.S. Court of Appeals for the First Circuit issued a ruling, which affirms a lower court’s ruling that federal courts do not have per se jurisdiction over Right of First Refusals (ROFRs) given to qualified nonprofits or other qualifying organizations under Section 42.

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