News
New NLIHC ERA Resource Hub, Dashboard, and Searchable Database
The National Low Income Housing Coalition (NLIHC) launched an Emergency Rental Assistance (ERA) Resource Hub, Dashboard and Program Table to monitor trends, facilitate resource sharing and help renters access emergency rental assistance.
Metropolitan Council Approves Local Housing Incentives Account Funding
Minnesota’s Metropolitan Council announced another year of record funding levels. A total of $8 million was approved for the Local Housing Incentives Account (LHIA). These dollars will be available in the multifamily deferred pool of financing in the 2021 Consolidated RFP.
Eviction Moratorium Remains in Place after Court Stays Decision
On May 14, the U.S. District of Court for the District of Columbia granted a motion from the defendants to stay the court’s decision to vacate the Centers for Disease Control and Prevention eviction moratorium in Alabama Association of Realtors v. U.S. Department of Health and Human Services. The nationwide eviction moratorium remains in place until the Court of Appeals hears the case and makes its own decision.
Michael Hsu Named Acting Comptroller, OCC Halts Implementation of CRA Rule
Treasury Secretary Dr. Janet Yellen named Michael Hsu acting comptroller of the Currency under her authority to appoint deputy comptrollers and have the first deputy act as comptroller if there is a vacancy.
IRS Announcement Confirms Boundaries of OZs Remain As-Is at Time of Designation
Announcement 2021-10 from the Internal Revenue Service confirms that the boundaries of Designated Qualified Opportunity Zones (OZs)were established at the time they were designated and are not subject to change from the 2020 decennial Census.
Dan Rogers Named New Director of Production, Preservation at USDA RD
Rural Development (RD) at the U.S. Department of Agriculture announced that Dan Rogers will become the director of Production and Preservation for RD’s Multifamily Housing Field Operations Division.
MTW Reports on PBVs, FSS and Households Served
HUD’s Office of Policy Development and Research released three reports that examine aspects of the Moving to Work (MTW) demonstration program.
California May Budget Revision
Gov. Gavin Newsom (D) issued his 2021 May Revision for the California budget with a number of provisions.
Treasury’s ERA2 Guidance: Significant Changes to Landlord Response Time, Self-Attestation & Federally Assisted Households
The Department of the Treasury allocated an additional $21.55 billion in emergency rental assistance funds to the states and communities from the American Rescue Plan Act. The new funds (ERA 2) set aside $2.5 billion for eligible grantees with a high need based on the number of very low-income renter households paying more than 50 […]
U.S. District Court Vacates Eviction Moratorium Nationwide, Decision Stayed through May 12
Last week, U.S. District Judge Dabney Friedrich for the District of Columbia vacated the Centers for Disease Control and Prevention (CDC) eviction moratorium nationwide in Alabama Association of Realtors v. U.S. Department of Health and Human Services.
HUD, HHS Partner to Distribute COVID Vaccines
Last week, HUD Secretary Marcia Fudge and Health and Human Services (HHS) Secretary Xavier Becerra announced a partnership to ensure that the national COVID-19 response delivers equitable and comprehensive care to those experiencing disproportionate impact, including HUD-assisted households.
Senate Banking Committee Considers Todman’s Nomination
On Tuesday, the Senate Committee on Banking, Housing and Urban Affairs held a nomination hearing for Adrianne Todman to be Deputy Secretary at HUD.