Public Housing

HUD announced it is reducing the advance notice it provides to public housing authorities (PHAs) and private owners of HUD-subsidized apartment developments before their housing is inspected to ensure it is decent, safe and healthy.  HUD’s new standard provides PHAs and private owners of HUD-assisted housing 14 calendar days’ notice before an inspection, a dramatic reduction from the current notice which can frequently extend up to four months.

The Deputy Assistant Secretary of HUD’s Office of Multifamily Housing Programs issued two memos regarding the resumption of Multifamily production and asset management activities.

The General Deputy Assistant Secretary for Public and Indian Housing issued a letter that provides information on the status of Housing Choice Voucher (HCV) program funding and the Public Housing Operating Fund under the Continuing Resolution that funds the government through Feb. 15.

The National Low Income Housing Coalition (NLIHC) released Opportunities to End Homelessness and Housing Poverty in the 116th Congress, a memo to incoming members of Congress on steps to address the lack of decent, accessible and affordable housing. The report calls on members of Congress to:

The Department of Housing and Urban Development (HUD), the City of New York (City) and the New York City Housing Authority (NYCHA) announced an agreement that will address the longstanding issues at the housing authority’s properties.

MassHousing has closed on $14 million in financing to Beacon Communities LLC for the rehabilitation and preservation of affordability at the 72-unit Camden Apartments in Boston, MA.

MassHousing provided Beacon Communities with a $5.9 million tax-exempt construction and permanent loan and an $8.1 million tax-exempt bridge loan. The MassHousing financing also generated $6.8 million in Low-Income Housing Tax Credit equity for the project.

On October 10th, the Department of Homeland Security (DHS) published a proposed rule that would make it more likely for certain immigrants to be denied admission to the U.S. or denied green cards because they receive or would receive lifeline benefits, including Public Housing, Housing Choice Vouchers, and Project-Based Section 8 housing subsidies.  The National […]

NH&RA congratulates the US Department of Housing & Urban Development and on achieving an important milestone — the conversion and preservation of 100,000 public housing units through the Rental Assistance Demonstration (RAD) Program! HUD Secretary Ben Carson, Assistant Secretary for Housing Brian Montgomery, and Multifamily Office of Recapitalization Director Tom Davis were joined by the Housing Authority of the City of Austin and additional officials in Austin, Texas, to celebrate this momentous occasion.

The proposed legislation would amend the Public Housing program as well as Section 8 Rental Assistance programs (Tenant-Based Rental Assistance/Housing Choice Vouchers (including project-based vouchers) and Project-Based Rental Assistance.

HUD recently released a memo regarding the due dates for mixed-finance transactions intended to close by December 31, 2016.

If signed into law, the bill would strengthen the project based rental assistance program, reduce the burden of public housing and PBRA unit inspections, and change the way tenant incomes are calculated, reviewed, and addressed.

Preparing for an unprecedented number of RAD transactions this year, HUD is already seeing requests for extensions to Financing Plan submission deadlines. HUD will host a listening session to discuss incentives or remedies short of revoking CHAPs to keep PHAs on schedule and to mitigate the surge of volume at year-end.

Up to $1 million in planning and pre-development funds is available to housing authorities interested in redeveloping their state-aided public housing as a mixed income development in partnership with a developer.