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Simple Transfer Pilot Program Announced for Sec. 515 Properties

by Audra Garrison | Dec 15, 2022 | Industry News

Multifamily Housing (MFH) has developed a pilot program for simple transfers under authority in Section 506(b) of the Housing Act of 1949, as amended (42 U.S.C. §1476(b)). The purpose of the pilot program is to reduce application requirements for certain types of...

Guidance on Rate Reduction Incentives Program for PHAs Updated

by Audra Garrison | Dec 15, 2022 | Uncategorized

The U.S. Department of Housing and Urban Development (HUD) is announcing updated guidance on the use and eligibility of the Rate Reduction Incentive (RRI). The RRI serves as a climate-friendly incentive program available to Public Housing Agencies (PHA) that...

HUD Seeks Public Comment on Proposed Forms for Sec. 8 Contract Renewals

by Audra Garrison | Dec 15, 2022 | HUD News

HUD recently published a notice in the Federal Register, seeking public comment on the forms associated with Section 8 contract renewals. The notice contains a new, standardized HAP assignment form that HUD is proposing to adopt. HUD is seeking member input on the use...

2022 RAD Contracts Rents Now Available and RAD Across the Country

by Audra Garrison | Dec 7, 2022 | Industry News

Updated RAD Contract Rents Now Available HUD has just posted the 2022 RAD Contract Rents, which are used to determine the initial contract rents in the Section 8 Housing Assistance Payment (HAP) contract for public housing properties converting under RAD. HUD will...

The Inflation Reduction Act (IRA): A Focus on Affordable Housing

by Audra Garrison | Dec 7, 2022 | Industry News

The Inflation Reduction Act (IRA): A Focus on Affordable Housing, is now available. This NAHMAnalysis serves as a guide to where members can find additional information on the various affordable housing and community-focused initiatives by regulatory agency. To view...
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