HUD

The U.S. Department of Housing and Urban Development’s Office of Policy Development & Research recently released a new study entitled, “Enhancing Energy Efficiency and Green Building Design in Section 202 and Section 811 Programs.”

The Transportation, Housing, Urban Development and Related Agencies section of the CR contains a total of $55.5 billion, a $12.3 billion, or 18%, reduction from fiscal year 2010 levels, and a reduction of $13.2 billion, or 20%, from the President’s fiscal year 2011 request.

Michigan Governor Rick Snyder last week revealed his executive budget for fiscal years 2012 and 2013, in which he proposes eliminate virtually all state tax credit programs.

As you are all no doubt aware, it seems very likely that the Congress will not meet its deadline to pass a continuing resolution to fund the Federal Government. Congress still has until midnight tonight (April 8, 2011) to pass appropriations legislation. In the event that the government does shutdown, HUD’s activities will be severely constrained….

The Center for Budget and Policy Priorities has issued a new paper titled “Converting Funding of Some Public Housing Developments to Section 8 Subsidies Would Help Preserve Needed Units.”

HUD has published its list of regulatory request waivers granted for the fourth quarter of calendar year 2010.

The Hawaii Housing Finance and Development Corporation (HHFDC) has proposed an amendment to the state’s 5-year action plan for administering HUD’s HOME Investment Partnerships (HOME) program.

The U.S. Department of Housing and Urban Development is requesting public comment on its proposed 2011 HOPE VI notice of funding availability (NOFA) and information collection.

HUD’s Office of Asset Management has approved a blanket 30-day extension for Financial Assessment of Multifamily Housing (FASS-MF) Multi-Family owners with a fiscal year ending 12/31/10.

Bob Ryan, HUD’s Chief Risk Officer has been named as acting FHA Commissioner.

The U.S. Housing and Urban Development (HUD) recently posted a Notice of Funding Availability for the six entities that were named finalists to receive the first implementation grant funding through HUD’s new Choice Neighborhoods Initiative (CNI).

Earlier this month, ten rental housing industry organizations sent a letter encouraging the Senate to include sufficient funding to meet project-based Section 8 rental assistance contractual obligations for both HUD and the Rural Housing Service and ensure that those living in this housing are not displaced.