HUD

HUD’s Office of Affordable Housing Programs (OAHP) is offering a Building HOME training series in January and February of 2020. The series will provide an overview of the HOME Investment Partnerships Program (HOME), including the latest requirements codified in the HOME Final Rule.

Last week the Senate voted 84-9 to pass a four-bill FY 2020 spending package that includes funding for Agriculture, Commerce-Justice-Science, Interior-Environment and Transportation-HUD. The bill includes modest increases over FY 2019 funding levels for rental assistance programs but cuts funding for Choice Neighborhoods, Housing for Persons with AIDS, Indian Housing Block Grants and Community Development Block Grants.

The Housing, Community Development, and Insurance Subcommittee of the House Financial Services Committee will hold a hearing on November 20 at 2:00 pm ET entitled, “Safe and Decent? Examining the Current State of Residents’ Health and Safety in HUD Housing.” The hearing will be in Room 2128 of the Rayburn House Office Building and will […]

The U.S. Department of Veterans Affairs (VA) released a Request for Proposals (RFP) seeking competitive responses from qualified developers to redevelop property on the Fort Whipple Veterans Administration campus in Prescott to serve as housing for homeless veterans.

On Tuesday, the Senate advanced a spending FY 2020 funding package that includes funding for Agriculture, Commerce-Justice-Science, Interior-Environment and Transportation-HUD. The full Senate is expected to vote on the package this week or early next week.

The Federal Housing Administration released three draft chapters of its Multifamily Accelerated Processing (MAP) Guide: Chapter 1 Introduction, Chapter 10 Management Analysis and Chapter 14 LIHTC Guidance. Comments should be provided on the Response Worksheet and emailed to HSNG_MF_2019MAPGuide-DraftingSuggestions@hud.gov. Comments are due by November 15.

HUD released an evaluation of its Rental Assistance Demonstration (RAD), which finds significant evidence that RAD is stimulating billions of dollars in capital investment, improving living conditions for low-income residents and enhancing the financial health of these critical affordable housing resources. The report says that the 956 RAD conversions studied leveraged $9.66 for every dollar provided through HUD’s public housing programs, that all rehabilitation projects covered their rehabilitation needs, that there is an 87 percent post-conversion decrease in unscheduled capital needs for completed RAD properties and that tenants were pleased with the improvement.

The House Committee on Appropriations’ Subcommittee on Transportation, Housing and Urban Development, and Related Agencies will hold an oversight hearing on HUD’s Community Development Block Grant-Disaster Recovery (CDBG-DR) program on October 17 at 2 pm EDT. The hearing will feature HUD’s Irv Dennis, chief financial officer, Jeremy Kirkland, counsel to the inspector general, and David […]

Kentucky NOFA For Tax-Exempt Bonds with Gap Financing
Kentucky Housing Corporation (KHC) released the 2020 Notice of Funding Availability (NOFA) for Tax-Exempt Bonds with Gap Financing. A combined total of $5.7 million of HOME Investment Partnerships Program (HOME), Affordable Housing Trust Fund (AHTF), and National Housing Trust Fund (NHTF) funds is available.

HUD released a Revised Rental Assistance Demonstration (RAD) Notice, with comments due on November 12. The notice announces the posting of the fourth revision to the RAD notice and solicits public comment on the removed restrictions on certain HOPE VI properties that are under ten years old and the elimination of the selection of applications […]

HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection for its Opportunity Zone Grant Certification Form. Comments are due by December 9. The form will be used to provide preference points for certain competitive federal grants.

Former Representative Beto O’Rourke (D-TX) released his presidential housing plan, which calls for creating 3 million new homes through the National Housing Trust Fund; creating 3 million new homes through a $60 billion investment in the Capital Magnet Fund and investing $50 billion to rehab public housing; fully fund Housing Choice Vouchers. If elected president, […]