HUD
Secretaries Fudge and Yellen Tout President Biden’s Plan to Boost Affordable Housing
An op-ed by Treasury Secretary Janet Yellen and U.S. HUD Secretary Marcia Fudge calls President Biden’s plan to boost affordable housing both unprecedented and necessary.
HUD Releases Guide on Increasing Supply of New Affordable Housing
A new guide from HUD, Increasing the Supply of New Affordable Housing: Quick Guide to Using HUD’s Community Planning and Development (CPD) Programs, details funding sources available for affordable housing and provides case studies.
RAD Achieves $15 Billion in Construction Investment Milestone
HUD’s Office of Multifamily Housing Programs announced that construction investment for affordable housing preservation through the Rental Assistance Demonstration (RAD) program has surpassed $15 billion since the program’s inception in 2013.
HUD Hosts Climate Resources Webinar – Nov. 1
HUD will host a webinar from 1 to 2 p.m. ET on November 1 to introduce the Community Resilience Toolkit and the Climate Resilience Implementation Guides. The guides provide step-by-step instructions on how to implement specific resilience projects and programs to address climate hazards using Community Planning and Development (CPD) and other funding.
HUD Hosts Affordable Housing Development for Newer Nonprofits Webinar – Nov. 9
From noon to 1 p.m. ET on November 9 HUD will host a webinar aimed at newer nonprofits interested in developing affordable rental housing for low- and moderate-income households.
Comments on HUD’s Design of New Green and Resilient Retrofit Program for Multifamily Assisted Housing Properties RFI Due Oct. 27
In response to the passage of the Inflation Reduction Act of 2022, HUD is currently designing a new program, the Green and Resilient Retrofit Program (GRRP), and expects to make multiple rounds of funding available to support energy, water efficiency retrofits and climate resilience of HUD-assisted multifamily properties.
HUD Releases New Guidelines on Community Solar Participation for HUD-Subsidized Units
HUD issued new guidance, which covers HUD-assisted multifamily units where tenants are responsible for their electricity bills and have access to community solar programs with key similarities to DC Solar For All.
HUD Allocates New Housing Choice Vouchers to Almost 2,000 PHAs, 21 State HFAs
HUD recently announced the awarding of approximately 19,400 new Housing Choice Vouchers to 1,945 public housing agencies across the country.
HUD Publishes FY 2023 FMRs with Ten Percent Average National Increase
Nationally, HUD’s Fiscal Year 2023 Fair Market Rents (FMRs) will increase by an average of approximately ten percent.
HUD Increases Frequency of the Distribution of Surplus Cash for Non-Assisted HUD Insured Properties
In Mortgagee Letter 2022-16, HUD outlined the dramatic increase in surplus cash distributions.
USDA RD Publishes FY 2023 Management Fees
The U.S. Department of Agriculture’s Rural Development (RD) published Procedural Notice (PN) 567 announcing final management fees for Fiscal Year (FY) 2023.
HUD, USICH, State and Local Leaders Partner on House America
House America: An All-Hands-on-Deck Effort to Address the Nation’s Homelessness Crisis is a federal initiative in which the HUD and the U.S. Interagency Council on Homelessness (USICH) are inviting mayors, city and county leaders, tribal nation leaders, and governors into a national partnership. House America will utilize the funds provided through the American Rescue Plan to address the crisis of homelessness through a Housing First approach.