News
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...
Notice of Funding Opportunity for Thriving Communities Technical Assistance Program
HUD announced the availability of $5 million for the Thriving Communities Technical Assistance program. The Thriving Communities program will help strengthen local capacity to align transformational infrastructure projects funded by the Bipartisan...
IRS Extends Notice 2022-05 Pandemic Relief; Publishes Average-Income Set-Aside Test Regulations
The IRS issued Notice 2022-52 which extends relief announced in Notice 2022-05, specifically placed-in service deadlines for 2019-2021 allocations, postponement of the reasonable restoration period by 24 months instead of 18 months, extension of...
HUD Issues Notice of Term Increase for Standard Section 202 PRAC Renewals
HUD’s Office of Multifamily Housing Programs published a Notice that they will be increasing the standard Section 202 Project Rental Assistance Contracts (PRAC) renewal term to five-years from the one-year terms authorized in the past. This...
RSVP for White House Summit on Indoor Air Quality, October 11, 1pm ET
The COVID-19 pandemic has elevated the critical importance of air quality in the fight against infectious diseases. While new, updated COVID-19 vaccines, testing, and treatments continue to protect Americans, it is more important than ever to...