News

HUD

Worst Case Housing Needs Report Shows Increase in VLI Households, Decline in Households Receiving Assistance

HUD released the 18th Worst Case Housing Needs report, which provides national data and analysis of critical housing problems facing very low-income renting families.

Treasury

Treasury Publishes Guidance on Emergency Rental Assistance Reallocation

The Department of the Treasury published new guidance outlining the process for reallocating Emergency Rental Assistance funds.

HUD

HUD Releases 2021 OCAFs, 3.1 Percent Increase Nationwide

HUD released the 2021 operating cost adjustment factors (OCAFs) for project-based rental assistance with an anniversary date on or after Feb. 11, 2022.

California

California Expands State LIHTC to At-Risk Properties

California Gov. Gavin Newsom signed legislation that expands the State’s LIHTC to additional buildings “at risk of conversion” and allows LIHTC allocations for adaptive reuse.

General News

Government Shutdown Averted, Remaining Deadlines Loom Large

President Joe Biden signed a continuing resolution bill on  September 30 that averted a federal government shutdown, with funding extended to December 3.

HUD

HUD Extends COVID-Related HOME Waivers and Extensions

HUD posted a memorandum that extends and revises several suspensions and waivers of HOME Investment Partnerships Program regulations HUD previously issued in response to the COVID-19 pandemic.

congress-capitol

High-Stakes Congressional Action Ahead, Contact Democratic Elected Officials About Housing Now!

High-stakes is an understatement. Appropriations for the federal government are set expire at 11:59 p.m. ET tomorrow, September 30. If a bill isn’t passed by both chambers and signed by the President before then, the federal government will shut down amidst a resurging global pandemic.  

General News

Disaster Planning and Mitigation for Affordable Housing Organizations Webinar – Sept. 25

The Public and Affordable Housing Research Corporation and the National Low Income Housing Coalition are holding a webinar on September 25 from 1 to2:30 p.m. ET on Disaster Planning and Mitigation for Affordable Housing Organizations.

General News

Comments on CDFI Fund’s Bond Guarantee Program Materials Due November 15

The Community Development Financial Institutions Fund (CDFI Fund) is soliciting comments concerning its Bond Guarantee Program’s information collection.

HUD

HUD Posts Annual Adjustment in FHA Statutory Mortgage Limits, List of High Cost Areas for 2021

The Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs; Annual Indexing of Substantial Rehabilitation Threshold Notice was published in the Federal Register on September 9.

HUD

$180 Million of HUD CARES Act Funding for Covid-Relates Property Expenses

HUD’s Office of Multifamily Housing published a Housing Notice making available CARES Act funds to offset property expenditures to combat the effects of COVID-19.

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