News
LIHTC Update: $5.4 Million in Unused Housing Credit Carryovers
The IRS published Revenue Procedure 2022-37, announcing $5,423,591 of unused low-income housing tax credits allocated from the national pool to 27 qualified states for calendar year 2022. The national pool in 2022 reflects a decrease from the $7.8...
HUD Sets Potential Roll Out Date for NSPIRE 
On October 19, 2022, the Deputy Assistant Secretary of HUD REAC shared NSPIRE’s advancements during its development and exploratory phases. It is reported that HUD’s NSPIRE is on pace to roll out as of October 1, 2023, to replace UPCS as the...
Quick Guide Available for Community Planning and Development Programs
HUD has recently issued a guide for local and state governments titled Quick Guide to Using HUD’s Community Planning and Development Programs. The Quick Guide was created to assist state and local governments in the utilization of their HUD...
RAD Announces $15 Billion Milestone in Construction Investments
HUD announced that as of October 2022, PHAs and their partners have used RAD to generate over $15 billion for construction investments to improve and replace public housing properties since the program’s inception in 2013. HUD has provided a flyer ...
Multifamily Housing Partnership Presentation
On September 29, 2022, Rural Development Multifamily Housing leadership held a meeting providing a quarterly update to our external partners. The update included information about emergency management notifications, annual financial reports,...
Register for the Virtual ConnectHomeUSA Summit – October 25-27th
The ConnectHomeUSA (CHUSA) team is excited to announce that HUD's Deputy Secretary Adrianne Todman will kick off this year's annual virtual CHUSA Summit! In addition to hosting the Deputy Secretary, we look forward to connecting you to other...
HOME and HTF Monthly Reports Now Posted
The following HOME program reports are now posted on the HUD Exchange. Additional HOME program reports are available on the HOME Program Page. HOME National Production Report: This monthly cumulative summary report of HOME data by federal fiscal...
LIHTC Update: Rates for November 2022
The Internal Revenue Service (IRS) issued Revenue Ruling 2022-20, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted...
Register for the ReConnect Program Webinar “Ask Me Anything: ReConnect”
The USDA Rural Development Rural Utilities Service (RUS) will be hosting another "Ask Me Anything: ReConnect" Q&A session. The webinar will provide an opportunity for attendees to ask any question about the Program that you may have. USDA...
FSS Program: Action Plans Due + FY 2022 Reporting Delayed
**Action Plans Due ASAP** In order to be in compliance with the FSS final rule, any FSS program currently operating at a PBRA property must submit an updated action plan. Action plans were due on September 30th, with an extension to the end of...