Council of Development Finance Agencies’ (CDFA) Annual Volume Cap Report for 2019 and 2020.
HUD announced the allocation of more than $2 billion ($2,040,617,000) in CDBG-Disaster Recovery (CDBG-DR) and CDBG-Mitigation (CDBG-MIT) funds.
House leadership recently released an updated version of the Build Back Better Act, which now includes $153.95 billion in direct housing spending provisions as well as several key LIHTC provisions.
Last week, the House released the 1,684-page budget reconciliation bill text for spending provisions, which includes $153 billion for housing.
In a new Joint Center for Housing Studies at Harvard University blog post, Sam Gilman makes the case for using community income levels to help tenants get Emergency Rental Assistance. Gilman is the co-founder and COO of the COVID-19 Eviction Defense Project.
Last week, the Department of the Treasury announced state and local governments distributed nearly $2.8 billion from the Emergency Rental Assistance program to more than 510,000 households in September, up from 459,000 households in August.
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’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.
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.
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.
The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation released the 2021 edition of Picture of Preservation.
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.