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Rural Housing Update: Administrator Exception – HOTMA Implementation

by Audra Garrison | Mar 14, 2024 | Industry News

The Rural Housing Service (RHS) Administrator approved an Administrator’s Exception related to an upcoming regulation change resulting from the Housing Opportunity Through Modernization Act (HOTMA).  RHS published a Memorandum, informing Multifamily Housing (MFH)...

HUD Extends FFB Risk-Sharing Initiative & Publishes Utilizing Section 223(f) for Manufactured Home Community Program Mortgagee Letter to Drafting Table

by Audra Garrison | Mar 7, 2024 | HUD News

The U.S. Department of Housing and Urban Development (HUD) is announcing today a sweeping set of new actions that will create and preserve high quality, affordable rental homes. These actions, announced in today’s White House’s Housing Supply Fact...

MF Back to Basic Video Series, Bead Program Challenge Opening, Connect Home USA Application Deadline Extension; and Fair Housing Eviction Factsheet

by Audra Garrison | Mar 7, 2024 | HUD News

Please see the following information included in this email: Back-to-Back Video Series No Good Cause for Discrimination: Some Evictions Are Never Allowed Factsheet BEAD Program Challenge Process Opening Connect Home USA Application Deadline Extension Multifamily has...

Request for Feedback on Existing Policy on Non-Rent Fees for Subsidized Multifamily Housing Programs Posted to the Drafting Table

by Audra Garrison | Mar 7, 2024 | HUD News

This guidance provides a summary of existing policy regarding the fees that owners of HUD-subsidized multifamily properties are permitted and not permitted to charge tenants. None of the guidance set forth in the chart is new or reflects a change in federal law,...

Budget Based Rent Adjustments for Mark-to-Market Properties Notice Published

by Audra Garrison | Mar 7, 2024 | HUD News

HUD’s Office of Multifamily Housing Programs published Housing Notice 2024-05 which implements HUD’s authority to make budget-based rent adjustments (BBRA) for Section 8 project-based rental assistance housing assistance payment contracts at properties...
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