News
Proposed Duty to Serve 2022-2024 Underserved Market Plans Listening Sessions (July 17-19)
FHFA Duty to Serve Listening Sessions July 17-19: FHFA invites you to register for the 2023 Duty to Serve Public Listening Sessions. The listening sessions will be an opportunity to hear from stakeholders sharing their views and recommendations...
RADBlast! Transformation of Merritt Homes, Green and Resilient Program Launch, Choice Mobility and more!
· Transformation of Merritt Homes · Green and Resilient Retrofit Program Launch · Choice-Mobility...
Listening Sessions on Multifamily Housing Decoupling as a Preservation Tool
In accordance with the FY23 Consolidated Appropriations Act, USDA is directed to conduct a series of stakeholder meetings and provide a report to Congress on how decoupling of Section 521 Rental Assistance (RA) from Section 515 Rural Rental Housing...
FHFA Requests Input on Multifamily Tenant Protections
The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI--also attached) on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac (the Enterprises). FFHFA’s decision to evaluate the...
Member Feedback Requested on items for 2023-2024 Priority Guidance
In early May, the Treasury Dept. and the Internal Revenue Service (IRS) published the attached Notice 2023-36 inviting public comments on items to be included on the 2023-2024 Priority Guidance Plan. Background The Priority Guidance Plan is used...
Energy and Water Benchmarking Initiative; Opportunity for Free Assistance
As part of the landmark Inflation Reduction Act, HUD’s Office of Multifamily Housing Programs is happy to announce we will soon be offering free contractor support to assist with energy and water benchmarking services to HUD multifamily assisted...
Program Requirements and Best Practices Regarding Denial of Admission in Multifamily Assistance Programs; Member Input Needed on Tenant Background Screening
In January, the White House released a Blueprint for a Renter Bill of Rights, which articulated principles to increase fairness in the rental market, strengthen tenant protections, and encourage rental affordability. One of the principles focused...
HUD Publishes New Green and Resilient Retrofit Program Funding Opportunities
HUD is pleased to announce the availability of landmark funding to support green and resilient retrofits of properties participating in Multifamily Assisted Housing programs. HUD published three Notices of Funding Opportunity (NOFOs) for the...
LIHTC Update: Rates for June 2023
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...
Multifamily Publishes RAD PBRA Post Closing Website, FHA CNA 10-Year Update Memo, and NSPIRE Scoring Calculator and Instructional Video
The Office of Multifamily Housing Programs has published a RAD PBRA Post Closing Website, FHA CNA 10-Year Update Memo, and NSPIRE Scoring Calculator. PBRA Guidance for Post-RAD If you have completed a RAD conversion and have questions about...