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Treasury Announces SLFRF Flexibilities to Increase Affordable Housing Development

by Audra Garrison | Jul 28, 2022 | LIHTC News

The Department of the Treasury announced new guidance designed to increase the ability of state, local, and tribal governments to use American Rescue Plan (ARP) funds to boost the supply of affordable housing in their communities, including through the development of...

HUD Multifamily Issues Community Solar Credits Memo

by Audra Garrison | Jul 21, 2022 | HUD News

Over the past several months, Multifamily Housing has received several requests from state and local governments about how we interpret community solar credits and when these credits can be excluded from income and utility allowance calculations. The MF Community...

FSS NOFO Coming Soon – Multifamily Owners Eligible for Program Funding

by Audra Garrison | Jul 21, 2022 | HUD News

A Notice of Funding Opportunity (NOFO) for FSS grants will be released this summer. We are excited that, for the first time, PBRA (Multifamily) owners will be eligible for program funding. There are a few steps necessary for an owner to be able to apply for funding,...

NAHMAnalyses – MOR Final Rule and Housing Supply Action Plan

by Audra Garrison | Jul 21, 2022 | NAHMA News

The latest NAHMAnalyses examining the Streamlining Management and Occupancy Reviews (MORs) for Section 8 Housing Assistance Programs Final Rule and President Biden’s Housing Supply Action Plan, are now available. To view the NAHMAnalysis: Streamlining Management and...

HUD Seeks Comments on Proposed Changes for Calculating FMRs for FY23

by Audra Garrison | Jul 14, 2022 | HUD News

HUD issued a notice seeking public comment on proposed changes to the methodology used for calculating Fair Market Rents (FMRs). HUD is proposing two material changes to the calculation of FMRs for FY 2023 to: (1) deal with the temporary lack of availability of 2020...
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  • Proposed Rule on Equal Access to Housing in HUD Programs Revisions
  • Final Rule on Income Calculations and Asset Requirements; Extension of the Simple Transfer Pilot Program
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  • Indefinite Delay of the Effective Date and Updated Proposed Rule on Revocation of the 30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent

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