HUD

The Government Accountability Office (GAO) released a report on HUD’s Community Development Block Grant Disaster Recovery. GAO found that HUD does not have the review guidance and monitoring plans it needs for good grantee oversight.

The Government Accountability Office (GAO) released a report on HUD’s Real Estate Assessment Center (REAC) with 14 recommendations to improve the inspection process.

President Trump signed a memorandum that directs HUD and Treasury to draft administrative and legislative options for housing finance reform to be submitted to the President for approval as soon as practicable. HUD will prepare a reform plan for the housing finance agencies it oversees, and Treasury will prepare a reform plan for Fannie Mae […]

Secretary Carson recently traveled to Miami to tour Tuscany Village Housing Complex, an apartment community located in an Opportunity Zone. Tuscany Village Housing Complex was recently built to provide affordable housing for low-income, elderly families in the neighborhood. This Miami community is just one of 427 Opportunity Zones which were designated by the Florida Governor […]

Secretary Ben Carson said HUD will give preference to developers and investors who build affordable housing in federal Opportunity Zones when it comes to certain grants. In an interview with The Real Deal, Sec. Carson said, “if you are doing a project within an Opportunity Zone and you are applying for one of our grants, you get some preference. So that, along with the tax advantages, will drive people to look at those (areas). We are also offering very specific technical assistance to help them coordinate their efforts.”

HUD is inviting a second round of public housing agencies to join the Department’s expanding Moving to Work (MTW) demonstration program. MTW allows public housing agencies (PHAs) to practice greater program flexibility and encourages housing choice and self-sufficiency among low-income families. Currently, there are 39 MTW PHAs throughout the nation. In 2015, Congress allowed HUD to expand the MTW demonstration program to 100 additional PHAs over a seven-year period.

Chicago’s Woodlawn neighborhood celebrated two major milestones in its revitalization – the opening of a new 48,000-square-foot Jewel-Osco grocery store, the first full-service grocery store residents in that neighborhood in over 40 years, and the opening of Woodlawn Station, a new transit-oriented development consisting of 75 mixed-income units and 15,000 square feet of retail space. The development of Woodlawn Station was led by NH&RA memberPreservation of Affordable Housing, Inc. (POAH) and financed, in part, through HUD’s Choice Neighborhoods Initiative.

HUD released the updated Fair Market Rents (FMRs) for the FY 2019 Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program for ten areas based on new survey data. The new FMS are effective as of April 15, 2019 and based on surveys conducted by the area public housing agencies and reflect the […]

Alabama will hold a hearing on HTF, CDBG, ESG, HOPWA, HOME, HTF on March 22at 10:30 a.m. CDT at the Alabama Center for Commerce, 7th Floor Auditorium, 401 Adams Avenue, Montgomery, Alabama 36104. Comments on the Draft 2019 HTF Plan must be received by April 22, 2019. 

Tom Davis, Director of the Office of Recapitalization at HUD, sent a letter to Commitment to Enter into a Housing Assistance Payments Contract (CHAP) Awardees detailing the 2019 timeline for year-end closings of Rental Assistance Demonstration (RAD).

President Trump released his proposed FY 2020 ‘skinny’ budget, “A Budget for a Better America: Promises Kept. Taxpayers First.” Overall, the budget proposes to cut HUD by $9.6 billion or 18% below 2019 enacted levels. These cuts are similar in magnitude to the proposed cuts in the President’s FY-2019 budget request.

The FY 18 Appropriations Act authorized the conversion of properties assisted by Section 202 Project Rental Assistance Contracts. HUD is in the process of revising the RAD Notice to include a new Section 4 that would provide implementation instructions for the conversion of Section 202 PRACs under RAD. HUD published a draft Section 4 to the Office of Multifamily Housing’s “Drafting Table” for feedback. Following consideration of public feedback received, the Office of Recap will proceed toward incorporation of the new Section 4 into a revised RAD Notice.