by Audra Garrison | Aug 29, 2024 | Industry News
Rural Development (RD) Multifamily Housing (MFH) is inviting RD stakeholders to share their experience with the transfer process, to include the simple transfer pilot process. This is an opportunity for the Agency to learn how these processes function from the...
by Audra Garrison | Aug 1, 2024 | Industry News
The U.S. Senate is scheduled to vote on the Tax Relief for American Families and Workers Act (H.R. 7024) on Thursday, August 1. If passed, this bill would: Restore the 12.5 percent increase in 9 Percent Housing Credit authority the program suffered after a temporary...
by Audra Garrison | Jun 20, 2024 | Industry News
U.S. Department of Agriculture (USDA) Rural Development Under Secretary Dr. Basil Gooden today announced that USDA is seeking applications for grants to repair or rehabilitate homes, rental properties or cooperatives for people in rural areas with low or very low...
by Audra Garrison | May 30, 2024 | Industry News
The National Affordable Housing Management Association (NAHMA) announces its 2024 Affordable 100—a list of the 100 largest affordable multifamily property management companies ranked by affordable unit counts—is available on its website at...
by Audra Garrison | May 2, 2024 | Industry News
FY 2024 Income Limits The FY 2024 Income Limits for the following programs are published and effective May 1, 2024: Community Development Block Grant (CDBG) CDBG Disaster Recovery (CDBG-DR) Neighborhood Stabilization Program (NSP) The FY 2024 Income Limits for the...
by Audra Garrison | Apr 18, 2024 | Industry News
Rural Development (RD) is pleased to announce new decoupling authority, provided in the Consolidated Appropriations Act of 2024, to decouple Rural Housing Service (RHS) (hereinafter the “Agency”) rental assistance (RA) from direct loans for maturing properties....