by Audra Garrison | Nov 17, 2022 | Industry News
HUD Seeks Feedback on Section 811 and Section 202 RAD Conversions The Consolidated Appropriations Act, 2022 authorized the conversion of properties assisted under Section 811 through RAD. To implement this new conversion option, HUD is planning to amend Section...
by Audra Garrison | Nov 17, 2022 | Industry News
Please find the Readout of White House Meeting on Tenant Protections and Rental Affordability. White House staff also shared two reports released by the Consumer Financial Protection Bureau (CFPB). Per staff, “These reports represent the kind of research the...
by Audra Garrison | Nov 17, 2022 | Industry News
As stated in the Notice, HUD seeks public input on two (2) proposed technical changes to its OCAF calculation method: Vintage of data. To calculate the inflation factor for each of the nine cost components that comprise the OCAF, HUD uses year-over-year data,...
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...
by Audra Garrison | Oct 20, 2022 | Industry News
On September 29, 2022, Rural Development Multifamily Housing leadership held a meeting providing a quarterly update to our external partners. The update included information about emergency management notifications, annual financial reports, preservation...
by Audra Garrison | Sep 22, 2022 | Industry News
Multi-Family Housing (MFH) is developing a pilot program for simple transfers under authority in Section 506(b) of the Housing Act of 1949, as amended (42 U.S.C. §1476(b)). The purpose of the pilot program is to reduce application requirements for certain types of...
