HUD

NH&RA congratulates Mr. Compton on his confirmation!

To support a growing number of users, HUD’s Office of Multifamily continues to train staff and the CNA e-Tool team has provided many resources.

If a PBRA HAP contract is terminated or expires and is not renewed, HUD is authorized to transfer any remaining budget authority to either a new or an existing PBRA HAP contract to provide assistance to eligible families. HUD provides a list of potential properties which are eligible for an 8(bb) transfer, which will be useful to owners who are interested in transferring their PBRA budget authority.

The Notice, issued November 15, supersedes and replaces the guidance provided in Notice PIH 2015-13 and clarifies HUD’s interpretation of the statutory amendment related to flat rents.

HUD has published PBV contract documents incorporating the changes made by the RAD rider directly into the standard PBV HAP contract.

This training will focus on the role of PHAs reviewing the e-Tool provided by an independent assessor and then submitting the e-Tool to the RAD Resource Desk as part of the PHA’s Financing Plan submission.

H.R.4258, introduced by Reps. Sean Duffy (R-WI) and Emanuel Cleaver (D-MO), would permanently reauthorize the Family Self Sufficiency (FSS) Act. The bill also makes several improvements.

These limits have an effective date of January 1, 2017.

The U.S. Department of Housing and Urban Development has published Annual Adjustment Factors (AAFs) for 2018. AAFs are used to adjust contract rents for units assisted in certain Section 8 housing assistance payment programs during the initial term of the HAP contract.

HUD will host a live Q&A webinar on Thursday, November 9 from 2:30-3:30 p.m. EST to provide a brief overview and discussion of the Completion Certification and the RAD Minority Concentration Analysis Tool.

In an op-ed in The Hill, Mark Dellontem, president and CEO of Love Funding, highlights the success of the federal Rental Assistance Demonstration (RAD) program in utilizing targeted taxpayer dollars to stimulate private capital for renovations and produce wide-ranging benefits. The RAD program, which is a federal program that converts public housing authorities’ (PHAs) existing […]

The Rural Housing Service (RHS) is revising its existing regulations regarding financial reporting to establish risk thresholds, align requirements with HUD and reduce program operating costs to RD and its borrowers.   This rule is effective November 24, 2017 and is optional in FY-2018 and will be mandatory in FY-2019.  Additional highlights of the rule include: […]