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FHFA Announces $545 Million for Affordable Housing Programs

by Audra Garrison | Mar 2, 2023 | Industry News

FHFA announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $545 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises). “The need for more affordable housing has never been greater,” said...

Prepayment-Tenant Notification Stakeholder Listening Session

by Audra Garrison | Feb 23, 2023 | Industry News

When owners of Section 515 and Section 514 Off-Farm Labor Housing properties apply for prepayment of their loans, Rural Housing Service Multifamily Housing staff communicates with current tenants of these properties, to share tenant rights and options within the...

Intro Video for Public Housing Residents in Spanish, New Service Funding for Properties after RAD Conversion, Additional Updates

by Audra Garrison | Feb 16, 2023 | Industry News

Intro Video for Public Housing Residents available in English and Spanish HUD has recently posted a video, now available in Spanish, directed primarily towards public housing residents or those new to the RAD program! The video is designed to provide an overall...

EPA Announces Initial Program Design of Greenhouse Gas Reduction Fund

by Audra Garrison | Feb 16, 2023 | Industry News

Under the $7 billion Zero-Emissions Technology Fund Competition, EPA will award competitive grants to states, Tribes, municipalities, and eligible nonprofit entities to enable the deployment of residential rooftop solar, community solar and associated storage and...

Proposed Rule Issued on Sec. 538 Guaranteed Rural Rental Housing Program

by Audra Garrison | Feb 9, 2023 | Industry News

The Rural Housing Service Office of Multifamily Housing published a proposed rule on Tuesday, January 31, 2023 (Federal Register /Vol. 88, No. 20) to amend the current regulation for the MFH Section 538 Guaranteed Rural Rental Housing Program (GRRHP).  This...

Section 538 Guaranteed Rural Rental Housing Handbook Revisions; Build America, Buy America Waiver Expires Next Month

by Audra Garrison | Jan 26, 2023 | Industry News

The Rural Housing Service (RHS) recently posted revisions to the Guaranteed Rural Rental Housing Program (GRRHP) Origination and Servicing Handbook.  These revisions included a correction to Attachment 4-A GRRHP Application Checklist in Chapter 4, to align the...
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