HUD

QAP Massachusetts

Massachusetts Offers Subsidy Programs Trainings

The Massachusetts Department of Housing and Community Development (DHCD) is offering online training sessions on DHCD subsidy program occupancy requirements.

QAP Rhode Island

RIHousing Launches New Program to Assist Rhode Island Renters

RIHousing is utilizing $500,000 in funding from the HOME Investment Partnerships Program (HOME) to establish the COVID-19 Emergency Tenant Based Rental Assistance Program.

HUD

CDC Eviction Moratorium: HUD Guidance, Translations of Declaration Form and Lawsuit

HUD’s Office of Multifamily Housing is encouraging owners to inform residents of the eviction protections under the Centers for Disease Control and Prevention (CDC) order and the required declaration form. The National Housing Law Project (NHLP) is working with partners to translate the declaration form. The form is currently available in Spanish, Vietnamese and Arabic. A Virginia landlord filed a lawsuit on September 8 and requested a temporary restraining order against the CDC recent order.

HUD

Revised M2M Debt Subordination-Qualified Nonprofit Purchasers Notice

HUD released a draft notice on ‘‘Guidelines for Certain HUD Approvals Regarding Properties Encumbered by HUD-Held Mark-to-Market Program Debt and Portfolio Reengineering Demonstration Program Debt.”

HUD

HUD Publishes FY2020 CNI Grant Notice, Calls for Applications

HUD recently published a Notice of Funding Availability (NOFA) for the FY2020 Choice Neighborhoods Implementation Grant Program. Applicants may request up to $30 million for target housing projects with less than 250 public housing/assisted units or up to $35 million for target housing projects with 250 or more public housing/assisted units.

HUD

Administration Touts Investments Created by Opportunity Zones

Opportunity Zones (OZ) led to Qualified Opportunity Funds raising $75 billion in capital by the end of 2019, according to a Council of Economic Advisers (CEA) report released on August 24.

Georgia

Congratulations to the NH&RA Members Receiving the 2020 Charles L. Edson Tax Credit Excellence Award

The Affordable Housing Tax Credit Coalition (AHTCC) announced recipients of the 2020 Charles L. Edson Tax Credit Excellence Awards, recognizing some of the most outstanding affordable housing developments across the country. Congratulations to the four NH&RA members receiving awards!

HUD

HUD Issues FY 20201 Fair Market Rents

HUD published a notice of fiscal year (FY) 2021 fair market rents (FMRs) for the Housing Choice Voucher program, Moderate Rehabilitation Single Room Occupancy program and other HUD programs. Comments on the notice are due September 30 and the FMRs will be effective October 1.

QAP Arizona

Arizona Issues COVID-19 Compliance Guidance for Assisted Rental Properties

The Arizona Department of Housing (ADOH) issued updated compliance guidance for rental properties with LIHTC, HOME, state and national Housing Trust Fund and Neighborhood Stabilization Programs funding sources. IRS Notice 2020-53 allows income recertifications to be delayed for the remainder of the year. However, it does not delay or exempt owners/agents from ensuring LIHTC households are still meeting student eligibility requirements.

QAP Louisiana

Louisiana Board Approves $212 Million to Develop Multifamily Rental Properties, Final 2021 QAP

Louisiana Housing Corporation’s (LHC) Board of Directors approved $212 million to develop 1,633 affordable rental units across six Louisiana parishes. LHC’s Board of Directors also approved a resolution to adopt the state’s 2021 QAP.

QAP Minnesota

Minnesota Housing Awarded Third Section 811 Project-Based Rental Assistance Program Grant

HUD recently announced that Minnesota Housing was one of 12 housing finance agencies from around the country selected to receive a Section 811 Project-Based Rental Assistance (PRA) Program grant. Minnesota Housing is working with HUD to finalize the selection in the coming months. Eligible

congress-capitol

New Executive Orders on Evictions, Foreclosures, Payroll Tax and Unemployment Compensation

Over the weekend, President Trump issued three COVID-19 related executive orders (EO) on “Deferring Payroll Tax Obligations,” “Providing Assistance to Renters and Homeowners” and “Other Needs Assistance Program.” The presidential action comes as Congressional and White House negotiations over the next COVID-19 aid package have stalled.

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