by Audra Garrison | Jun 15, 2023 | Industry News
On June 15, 2023, the Community Planning and Development (CPD) Income Eligibility Calculator will be updated to incorporate the FY 2023 Income Limits for all programs: Brownfield Economic Development Initiative (BEDI) Community Development Block Grant Program (CDBG)...
by Audra Garrison | Jun 8, 2023 | Industry News
FHFA Duty to Serve Listening Sessions July 17-19: FHFA invites you to register for the 2023 Duty to Serve Public Listening Sessions. The listening sessions will be an opportunity to hear from stakeholders sharing their views and recommendations on the Enterprises’...
by Audra Garrison | Jun 8, 2023 | Industry News
In accordance with the FY23 Consolidated Appropriations Act, USDA is directed to conduct a series of stakeholder meetings and provide a report to Congress on how decoupling of Section 521 Rental Assistance (RA) from Section 515 Rural Rental Housing mortgages would be...
by Audra Garrison | Jun 1, 2023 | Industry News
In early May, the Treasury Dept. and the Internal Revenue Service (IRS) published the attached Notice 2023-36 inviting public comments on items to be included on the 2023-2024 Priority Guidance Plan. Background The Priority Guidance Plan is used by the IRS and...
by Audra Garrison | May 18, 2023 | Industry News
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-10, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt...
by Audra Garrison | May 4, 2023 | Industry News
The Rural Housing Service (RHS) recently posted revisions to the Multifamily Housing Handbooks. Multifamily Housing Loan Origination Handbook. Revisions were made to Chapters 1 and 5, as follows: Chapter 1 of Handbook 1-3560, Multifamily Housing (MFH) Loan...