HUD

HUD recently announced that it is proposing new regulatory requirements under its HOME Investment Partnerships Program (HOME) that would re-write some of HOME’s compliance requirements.

The Georgia Department of Community Affairs (DCA) Office of Affordable Housing (OAH) has released the proposed 2012 Qualified Allocation Plan (QAP).

The US Senate Transportation-HUD Appropriations The US Senate Transportation-HUD Appropriations Subcommittee marked up and reported its FY 2012 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill on September 21. A summary released by the Committee reports the following funding decisions…

The Department of Housing and Urban Development (HUD) is soliciting public comments and feedback from potential applicants of a new pilot program seeking innovative proposals for increasing the energy efficiency of multifamily housing developments.

HUD’s Office of Policy Development & Research has released a new Guide for HUD USER Data Sets. The guide is intended to serve as a helpful reference tool for the data sets available from the HUD USER Clearinghouse, and on the HUD USER website.

HUD’s Office of Policy Development & Research has released a new Best Practices case study for a senior apartments project in Salinas, CA.

Maine’s Blue Ribbon Commission on Affordable Housing had its inaugural meeting in Augusta last week to plot out a course of action to address Maine’s crisis in low-income housing.

HUD has published a notice that designates Difficult Development Areas (DDA) for purposes of the Low-Income Housing Tax Credit. HUD makes new DDA and Qualified Census Tract (QCT) designations annually.

HUD has released the operating cost adjustment factors (OCAFs) for project based assistance contracts for eligible multifamily housing projects having an anniversary date on or after February 11, 2012.

Committees from both the House and Senate have sent deficit reduction recommendations to the Joint Select Committee on Deficit Reduction (Super Committee). Several recommendations made by both parties from the House Financial Services would have significant impacts on federal housing program funding.

Last week, the United States Senate considered multiple amendments to an appropriations minibus, H.R.2112, which includes the annual spending bills for Agriculture, Commerce-Justice-Science, Transportation, and Housing and Urban Development. Despite Senate Majority Leader Harry Reid’s (D-NV) hopes to approve the spending bill by the end of last week, the Senate instead made a deal to revisit the legislation and vote by November 1.

HUD issued Notice H 2011-30 to provide additional guidance on how the Reserve for Replacements account must be used for properties that have completed a restructuring under the Mark-to-Market (M2M) program.