Wyoming

NCSHA Announces Newly Elected Board Officers and Directors

The National Council of State Housing Agencies held its Board of Directors election on October 26 during the association’s 2020 Annual Conference & Showcase. Nominated from among, and voted on by the executive directors of the member state housing finance agencies, NCSHA’s newly elected Board officers are:

Audited Financial Reporting Deadline Extended to Sept. 30 for HUD’s Multifamily West Region

HUD’s Multifamily West Region is extending the audited financial reporting deadlines until September 30, 2020. This waiver is limited to entities, which are required to submit the referenced annual financial information on or before June 30, 2020.

HUD Multifamily West Region Notice on Zero Income Residents

HUD’s Office of Multifamily West Region issued a memo that nullifies the requirement to review the status of residents reporting zero or nominal (less than $100.00) income every 90 days.

New Rocky Mountain HUD Regional Administrator – Evelyn Lim

Evelyn Lim joined the HUD Region Eight team, which covers Colorado, Utah, Wyoming, Montana and North and South Dakota. Prior to her appointment at HUD, she served as the Deputy Chief of Staff for Operations at the Department of Homeland Security (DHS).

Partner Insights: Novogradac Publishes Blog Post On Bond Issuance Trends

A new note from Peter Lawrence with Novogradac and Co. analyses state use of the private activity bonds (PABs). In 2017, eleven states reported no multifamily PAB issuance, up from ten in 2016 and down from the high of 30 in 2011.