HUD

Ginosko Development Company announced the appointment of Alicia Powell to the position of vice president of Asset Management. Powell (formerly Brown) is the outgoing chief of HUD Multifamily Account Executive Branch. 

HUD issued a memorandum, which permits the participating jurisdiction to use self-certification of income in lieu of source documentation to determine eligibility for HOME assistance of persons displaced by Hurricane Ida.

The Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs; Annual Indexing of Substantial Rehabilitation Threshold Notice was published in the Federal Register on September 9.

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.