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Scott Turner Confirmed as Secretary of Housing and Urban Development

by Audra Garrison | Feb 6, 2025 | HUD News

Scott Turner was confirmed by the United States Senate to be the 19th Secretary of the U.S. Department of Housing and Urban Development (HUD). Secretary Turner was confirmed by a bipartisan vote of 55-44 and sworn in by Associate Justice of the United States Supreme...

Section 538 FR Notice on Application Submissions Process; Updated Audit Requirements for Non-Profit MFH Borrowers

by Audra Garrison | Jan 2, 2025 | HUD News

Section 538 Federal Register Notice Washington D.C., December 20, 2024 – The Rural Housing Service (RHS) published a notice in Federal Register Vol. 89, No. 245, announcing updates in the application submissions process for the Section 538 Guaranteed Rural...

New Compliance Date for NSPIRE New Affirmatives, Inspection 101, & Journey Map Now Available for Properties

by Audra Garrison | Jan 2, 2025 | HUD News

Revised Compliance Date for NSPIRE New Affirmative Requirements Published HUD is extending the date, until October 1, 2025, for the inclusion of point deductions in the physical inspection scores for new affirmative requirements under NSPIRE. These new affirmatives...

HUD Publishes Federal Register Notice Establishing OCAFs& Seeks Feedback on Calculation Changes

by Audra Garrison | Dec 19, 2024 | HUD News

The Office of Multifamily Housing published a Federal Register notice establishing operating cost adjustment factors (OCAFs) for project-based assistance contracts for eligible multifamily housing projects having an anniversary date on or after February 11, 2025....

30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent Final Rule Published

by Audra Garrison | Dec 19, 2024 | HUD News

The U.S Department of Housing and Urban Development published a 30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent in the Federal Register. This final rule requires that public housing agencies and owners of properties receiving...

Environmental Reporting Requirements for Covered Transactions Notice Publishes

by Audra Garrison | Dec 19, 2024 | HUD News

The Office of Multifamily Housing Programs published an Environmental Reporting Requirements for Covered Transactions Notice. This notice summarizes and clarifies existing environmental reporting and review requirements for five common asset management preservation...
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