News
Multifamily Housing Partnership Presentation; Renters Bill of Rights; Denial of Admission Best Practices
On July 20, 2023, Rural Development Multifamily Housing leadership held a meeting providing a quarterly update to our external partners. The update included information about leadership changes, budgets, new tools and resources, Multifamily...
Administration Announces New Renter Protections and Housing Supply Actions: Includes New RAD Supplemental Notice and HUD Tenant Education and Outreach NOFO
Please find the subject updates below: Administration Announces Action to Protect RentersThe White House released a fact sheet highlighting actions to protect renters, available HERE. Actions include:Several agencies released guidance or best...
Section 538 Guaranteed Rural Rental Housing Program Handbook Revisions
Rural Development’s Office of Multifamily Housing recently posted revisions to the Section 538 Guaranteed Rural Rental Housing Program (GRRHP) Origination and Servicing Handbook. Chapters 3 and 8 of the Handbook have been updated to clarify the...
Opportunity to Comment on Proposed Revisions to NCSHA Housing Credit Recommended Practices
The National Council of State Housing Agencies (NCSHA) is seeking industry comments on their revised Recommended Practices in Housing Credit administration. The Recommended Practices and accompanying survey document are attached and cover all...
Biden-Harris Administration and Secretary Fudge Take on Junk Fees in Rental Housing
President Biden and U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced new commitments by several of the biggest rental housing search platforms to increase transparency of housing fees, and released new...
HUD Issues Request for Information to Enhance Accessibility and Usability of Programs
HUD recently published a Request for Information (also attached) in the Federal Register asking the public how the agency can make its programs easier to access and use. HUD invites comments on which application and eligibility forms could be...
LIHTC Update: Rates for August 2023
The Internal Revenue Service (IRS) issued Revenue Ruling 2023-13, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted...
NSPIRE Scoring Notice
Please find a link below to the NSPIRE Scoring notice. The notice’s Summary section has been included below for reference. The notice is also available on the NAHMA website HERE. Summary This notice serves as a complementary document to the...
HUD Update: NSPIRE Administrative Procedures
Purpose This notice implements portions of the final rule, “Economic Growth Regulatory Relief and Consumer Protection Act: Implementation of National Standards for the Physical Inspection of Real Estate (NSPIRE)” or the “NSPIRE final rule.” The...
NAHMAnalysis: The Fiscal Responsibility Act of 2023
The latest NAHMAnalysis: The Fiscal Responsibility Act of 2023, is now available. The bill increased the country’s borrowing limit through 2025 and averted a national default. This NAHMAnalysis examines key provisions of the legislation, including...