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Final Rule -Changes Related to Reserve Account Administration in MFH Direct Loan Program ; Final Rule -Section 538 Change in Prioritization Criteria

by Audra Garrison | Mar 28, 2024 | Industry News

1.    Changes Related to Reserve Account Administration in Multifamily (MFH) Direct Loan Programs   Washington D.C, March, 20, 2024 -The Rural Housing Service (RHS) published a final rule in the Federal Register, Changes Related to Reserve Account...

Resident Assistance Opportunity: IRS Direct File Pilot

by Audra Garrison | Mar 21, 2024 | Industry News

Please share with your residents that the IRS has a new service that they are piloting for this tax season. IRS Direct File pilot is a free, mobile-friendly, tool for filing taxes. It is available in English and Spanish with live in-app customer service. Eligibility...

FBI & NSA Cyber Threat Concerns for Industry Partners

by Audra Garrison | Mar 14, 2024 | Industry News

The Office of Multifamily is sharing information as a service to you about current cyber threats against small businesses / offices, and organizations which could include Multifamily program participants and those they work with. Please circulate this information as...

President Signs 2024 Appropriations Bill that Includes HUD and RD Funding, and Issues Administration’s Proposed 2025 Budget

by Audra Garrison | Mar 14, 2024 | Industry News

On Saturday, March 9, President Biden signed into law H.R. 4366, the “Consolidated Appropriations Act, 2024,” which provides full-year funding through September 30, 2024, for departments and agencies of the Federal Government covered by 6 of 12 appropriations bills,...

Rural Housing Update: Administrator Exception – HOTMA Implementation

by Audra Garrison | Mar 14, 2024 | Industry News

The Rural Housing Service (RHS) Administrator approved an Administrator’s Exception related to an upcoming regulation change resulting from the Housing Opportunity Through Modernization Act (HOTMA).  RHS published a Memorandum, informing Multifamily Housing (MFH)...

GRASSROOTS ALERT: Please Urge Congress to Fund HUD and USDA-RHS for FY2024; Increase LIHTC in any Tax Legislation

by Audra Garrison | Jan 11, 2024 | Industry News

Congress recently returned from their holiday break and now must complete a important legislative work that impacts the affordable housing industry, including preventing a government shutdown, beginning as soon as Jan. 19th  for HUD and USDA.  Right now,...
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Recent Posts

  • Over $150 Million in Section 811 Project Rental Assistance Awards Announced
  • EIV Citizenship Verification Tool Available
  • New GAO Report Examines HUD Workforce Reductions and Impacts on Programs
  • Build-To-Rent Developments Underwriting Eligibility Mortgagee Letter and RADBlast with Upcoming RAD on the Road Events and Office Hours
  • RHS Revises Fee Structure for Section 538 GRRHP

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