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...
by Audra Garrison | Apr 13, 2023 | Industry News
Join USDA Rural Development Multifamily Housing (MFH) leadership to receive updates on MFH programs. USDA Rural Development MFH Field Operations staff hold these quarterly to provide updates to our customers. To join us for this meeting on Thursday, April...
by Audra Garrison | Mar 2, 2023 | Industry News
Multifamily Housing’s Portfolio Management Branch will be holding a Prepayment: Tenant Notification Listening Session for stakeholders on March 9, 2023, at 2pm EDT, to present our proposed draft letters and communication strategy and receive...
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...
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...
