HUD

HUD

HUD Publishes Notice for GRRP Supplement 

HUD’s Office of Multifamily Housing Programs published a Housing Notice titled Green and Resilient Retrofit Program (GRRP) Supplemental – Notice A to add flexibility in both grant and supplemental loan funds, as well as other administrative changes, that will enhance owners’ and developers’ ability to leverage GRRP funds for energy efficiency and climate resilience upgrades and rehabilitation projects.

HUD

HUD Issues BABA Implementation Guidance  

HUD recently issued PIH Notice 2024-01 providing guidance to PHAs regarding the Buy America Preference (BAP) requirement of the Build America, Buy America Act (BABA).

HUD

HUD Announces $173 Million in GRRP Awards

HUD announced that it is awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP) Comprehensive and Elements categories.

HUD

Deadline Extended for ACHP/HUD Secretary’s Award for Excellence

The Advisory Council on Historic Preservation (ACHP), in partnership with HUD, recognizes developers, organizations, and agencies for their success in advancing the goals of historic preservation through the Secretary’s Award for Excellence in historic preservation.

HUD

HUD Extends Deadline for Third Wave of GRRP Elements to March 28

HUD is extending the deadline for applications for wave three of the Green and Resilient Retrofit Program (GRRP) Elements cohort from January 4 to March 28, 2024.

HUD

HUD Releases 2023 Annual Homeless Assessment Report

HUD released its 2023 Annual Homeless Assessment Report: Part 1: Point-in-Time Estimates, which estimates the number of individuals in shelters, temporary housing and in unsheltered settings through Point-in-Time (PIT) counts.

HUD

HUD Notice Eliminates Assurance of Completion on a Section 223(f) with New LIHTC

A new Mortgagee Letter (2023-24) eliminates the ten percent assurance of completion to be added to the Escrow Agreement for Deferred Repairs for 223(f) projects with LIHTC

HUD

HUD Launches Free Energy and Water Benchmarking Service for HUD-Assisted Multifamily Properties

HUD is making its Energy and Water Benchmarking Service available for properties participating in its Multifamily project-based rental assistance programs.

HUD

HUD Publishes 2024 OCAFs; National Rate of 5.3 Percent

The U.S. Department of Housing and Urban Development published the operating cost adjustment factors (OCAFs) for eligible multifamily housing properties with an anniversary date on or after Feb. 11, 2024.

HUD

HUD Publishes Draft Notice of Processing Budget-Based Rent Increases

HUD’s Office of Multifamily Housing Programs published a draft housing notice clarifying the circumstances under which HUD will approve a budget-based rent increase for projects subject to Low Income Housing Preservation and Resident Homeownership Act (LIHPRHA) Use Agreements.

HUD

HUD Announces Proposed “30-Day Notice” Rule for Nonpayment of Rent

A new HUD Proposed Rule would require public housing agencies (PHA) with tenants in public housing and owners of properties participating in HUD Multifamily project-based rental assistance programs to provide their tenants with written notification at least 30 days prior to filing for eviction due to nonpayment of rent in court.

HUD

HUD Publishes Notice for Green Mortgage Insurance Premium Reporting

HUD’s Office of Multifamily Housing Programs and Office of Residential Care Facilities published a Housing Notice titled Required Use of Portfolio Manager for Green Mortgage Insurance Premium Compliance Reporting,

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