HUD

The Michigan State Housing Development Authority posted Notices of Funding Availability (NOFAs) for its the HOME/Mortgage Resource Fund (MRF) Gap Financing Program and the National Housing Trust Fund (HTF) Gap Financing Program. For the HOME/MRF NOFA, $9 million in funding is available and applications are due Aug. 15, 2019. For the HTF NOFA, $4.8 million in funding is available and applications are due Oct. 15, 2019.

The Arizona Department of Housing published a Notice of Funding Available (NOFA) that solicits applications from local governments, non-profits or for-profit entities for owner occupied housing rehabilitation activities. Approximately $3.5 million in HOME funding is available through this NOFA and applications are due by 4 pm MST on Aug. 30, 2019.

The National Low Income Housing Coalition and Public and Affordable Housing Research Corporation released an updated version of the National Housing Preservation Database for 2019. The database includes updated data on Section 515, Section 8, HOME, REAC and Section 202 direct loan usage across the country. In addition, LIHTC properties now have end dates to track […]

HUD recently published a Notice of Annual Factors for Determining Public Housing Agency (PHA) administrative fees for the Section 8 Housing Choice Voucher, Mainstream and Moderate Rehabilitation programs.

The public hearing will be held on Thursday, June 27, 2019, at 10 am, CDT, at the Hampton Inn & Suites Hotel, located at 7651 Eastchase Parkway, Montgomery, AL, 36117.

The Idaho Housing and Finance Association will be accepting applications for LIHTC/HOME through a newly designed portal system, Procorem, effective August 2, 2019. 

The Alaska Housing Finance Corporation (AHFC) is soliciting comments to the draft allocation plan for the FY 2020 Greater Opportunities for Affordable Living (GOAL) Program and QAP.  These documents govern the allocation of four funding sources: the Low Income Housing Tax Credit; the HOME Investment Partnership Act; the National Housing Trust Fund; and the Senior Citizens Housing Development Fund.

HUD published a notice of proposed changes for estimation of Fair Market Rents (FMRs) in the Federal Register. In response to frequent comments on the need for more local and timely data, HUD is considering updating its FMR methodology to include Trend Factor Changes and to use neighboring zip codes in place of county-based Small Area FMRs.

HUD posted new closing checklists for use with the recently revised FHA closing documents. The new checklists include non-substantive changes to the layout, re-ordering of certain items, removal of items that have been added to other form documents, and a new checklist for the “Heavy” 223(f) closings.

HUD published an updated RAD Inventory Assessment Tool. The tool is designed for PHAs that are newly considering or re-considering RAD at RAD rents based on the FY 18 Appropriation levels.

On June 4, the House Appropriations Committee approved the FY 2020 Transportation-HUD appropriations bills on a partisan 29-21 vote. The bill provides $50.1 billion for HUD programs, $5.9 billion of the FY 2019 enacted funding level.

The City of Newport News, VA and the Newport News Redevelopment and Housing Authority are the recipients of a $30 million grant from HUD’s FY 2018 Choice Neighborhoods Initiative (CNI) Awards. Pennrose and the Newport News Redevelopment and Housing Authority will replace Ridley Place’s 259 public housing units, as well as create 133 moderate-income housing units and 98 market rate units.