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2023 Interim Recertification Requirements for Rural Development Tenants

by Audra Garrison | Nov 10, 2022 | Industry News

On October 13, 2022, the Social Security Administration announced there will be an 8.7% increase in Social Security and Supplemental Security Income (SSI) benefits in 2023.  The 8.7% cost-of-living adjustment (COLA) will begin with benefits payable in January...

HUD Seeks Feedback on Section 811 and Section 202 RAD Conversions

by Audra Garrison | Nov 10, 2022 | HUD News

HUD is seeking public feedback on changes to be made to Section IV (also attached) of RAD Notice PIH 2019-23, Housing 2019-09 Rev 4, which currently describes the conversion requirements for properties assisted under Section 202 PRACs and that would guide the...

Notice on Designation of Difficult Development Areas and Qualified Census Tracts for 2023

by Audra Garrison | Nov 3, 2022 | LIHTC News

HUD published its 2023 Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs), effective for allocations of credit or bonds issued after December 31, 2022. HUD is required to annually designate DDAs, which are areas with high construction, land, and...

New Resources for DCTA Recipients; HOME Quarterly Reports; Register for Lead Safe Trainings

by Audra Garrison | Nov 3, 2022 | HUD News

  Home Programs Resources Training   New Resources for DCTA Recipients and Smaller Distressed CommunitiesHUD’s Distressed Cities and Persistent Poverty Technical Assistance (DCTA) Program maintains a library of resources relevant to DCTA recipients and smaller...

Application Period Open for $148 Million in COVID-19 Supplemental Payment (CSP) Funding

by Audra Garrison | Nov 3, 2022 | HUD News

The U.S. Department of Housing and Urban Development’s (HUD) Office of Multifamily Housing Programs announced today that it is opening a new application period for COVID-19 Supplemental Payment (CSP) funding. This will provide owners of Multifamily...
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