News

FSS NOFO Webinar Recording and Slides Available

The FSS NOFO (Notice of Funding Opportunity) is now open, and for the first time, PBRA owners can apply for HUD program funding. The NOFO is due on October 7th. This week, HUD posted on the HUD Funds Available Page:   The FSS NOFO...

New Calculation For Section 538 Lease-Up Reserve

On September 6, 2022, Rural Development published a Notice in the Federal Register announcing a new calculation for the Section 538 Guaranteed Rural Rental Housing Lease-up Reserve. Agency regulations require the project to either attain a minimum...

FY 2023 Fair Market Rents Published

The U.S. Department of Housing and Urban Development (HUD) today published Fair Market Rents (FMRs) for Fiscal Year 2023. FMRs, published annually, are an estimate of the amount of money that would cover gross rents (rent and utility expenses) on...

FSS Action Plan Review for Multi-site Owners

As a reminder, action plan updates for all currently operating FSS programs must be submitted to Account Executives by September 30th. FSS programs may not enroll any new participants until updated action plans are approved. In order...