HUD

HUD published Notice CPD-21-10.

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.

President Joseph Biden (D) nominated Arthur Jemison to be Assistant Secretary of Community Planning and Development (CPD) at HUD. Jemison has been serving in an acting capacity and now awaits approval before the Senate.

HUD designated Difficult Development Areas and Qualified Census Tracts for 2022.

Last week, the White House released a sweeping set of actions the Biden-Harris administration is taking to increase the supply of affordable housing.

The National Low Income Housing Coalition (NLIHC) and Public and Affordable Housing Research Corporation (PAHRC) updated its National Housing Preservation Database with new data for properties assisted by Section 8 Project-Based Rental Assistance, LIHTCs, Public Housing, HUD-insured mortgages, Section 202 Direct Loans, Section 515 mortgages, Section 538 Guaranteed Loans, fair market rent and Real Estate Assessment Center scores.

Senate Finance Committee Chairman Ron Wyden (D-OR) has released the text of his soon to be introduced Decent, Affordable, Safe Housing for All (DASH) Act (full text, overall summary, section by section summary).

HUD and the Federal Housing Finance Agency (FHFA) entered a Memorandum of Understanding (MOU) to enhance their enforcement of the Fair Housing Act. The MOU allows HUD and FHFA to enforce fair housing and fair lending requirements by promoting information sharing, coordination on investigations, compliance reviews and the ongoing monitoring of Fannie Mae and Freddie Mac.

The Senate Banking, Housing and Urban Affairs Committee voted unanimously to favorably report the nomination of Damon Smith to serve as HUD general counsel. Smith currently serves as acting general counsel and was principal general deputy counsel for HUD during the Obama administration.

HUD’s Office of Housing updated its COVID-19 Q&As on August 9 to reflect the CDC’s new eviction moratorium order announced August 3 temporarily halting evictions in counties with heightened levels of transmission.

Last week, HUD published the Fiscal Year (FY) 2022 Fair Market Rents (FMRs). The new rents will become effective on October 1, 2021 for the Housing Choice Voucher program and Moderate Rehabilitation Single Room Occupancy program, unless HUD receives a valid request for reevaluation of specific area Fair Market Rents (FMRs).

HUD updated its Multifamily Q&A for COVID-19 on July 29. The updated questions and answers pertain to which payments are to be included in tenant income calculations for HUD-assisted Multifamily housing and the Child Tax Credit.