Rural Housing

On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st.

You can now purchase individual audio recordings of select panel sessions offered throughout 2009. Mix and match sessions from any 2009 event on one convenient CD-ROM!

On February 1, the White House unveiled a proposed federal budget for Fiscal Year 2011 that calls for overall funding cuts at numerous federal agencies, including at the U.S. Department of Housing and Urban Development (HUD). Fiscal Year 2011 begins October 1st.

The Rural Housing Service has issued a proposed rule that would modify federal regulations under the Section 538 Guaranteed Rural Rental Housing Program to offer guarantees on construction and permanent loans, defined by the rule as “a loan which provides advances during the construction period and remains in place as a permanent loan at the completion of construction.”

The USDA Rural Development has announced a series of future teleconference and/or Web conference meetings on the USDA Section 538 Guaranteed Rural Rental Housing Program.

The Housing Assistance Council (HAC) recently released new data on the rental housing market in rural America.

Members of NCAHMA’s Standards Committee convened for an in-person meeting on November 10, 2009 at the Doubletree Hotel Magnificent Mile in Chicago in conjunction with the 2009 Affordable Housing Underwriting Forum & Annual Meeting.

U.S. lawmakers from the House and Senate have agreed on a compromise version of H.R. 2997, which provides funding levels for rural housing programs through the U.S. Department of Agriculture (USDA) for fiscal year 2010.

NH&RA is pleased to announce that it has extended its early registration for the 2009 Fall Developers Forum, November 2-3, 2009 at the Taj Hotel in Boston. Register by Wednesday, September 30 and save $100 off your conference registration fee.

The Obama Administration recently continued naming individuals who will serve as State Director for Rural Development at the USDA.

The U.S. Department of Agriculture’s (USDA) Rural Housing Service has announced the implementation of a $10 million demonstration program under its Section 538 Guaranteed Rural Rental Housing Program to test the viability of the concept of providing a continuous loan note guarantee through the construction and permanent loan phases of a project.

The Washington State Housing Finance Commission recently issued a memorandum summarizing proposed revisions to its low-income housing tax credit program policies for 2010.