January 18, 2023

Proposed Rule Issued on Religious Liberty Protections; Lead-based Paint and Hazards NOFO Announced

HUD, along with a group of federal agencies, recently released a joint notice of proposed rulemaking (also attached) intended to restore religious liberty protections for beneficiaries of federally funded social services, such as housing services. The agencies propose to amend their regulations to clarify protections for beneficiaries and potential beneficiaries receiving federally funded social services and the rights and obligations […]
January 18, 2023

Multifamily Housing Section 515/514/516 Loan Origination and Project Servicing Handbook Revision

On December 8, 2022, Rural Development released a Procedure Notice (PN) announcing revisions to the Multifamily Housing Loan Origination Handbook (Handbook-1-3560 Chapter 4) and the Multifamily Housing Project Servicing Handbook (Handbook-3-3560 Chapter 7). The PN clarified submission requirements related to citizenship and qualified alien status for Section 515/514/516 Loan, Grant and Project Ownership Transfer applications. The PN applies only to […]
January 18, 2023

Rates for January 2023

The Internal Revenue Service (IRS) has issued Revenue Ruling 2023-3, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt rates for January 2023. As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for January 2023: Appropriate percentage for the […]
January 15, 2023

Internal Control Analyst

Location: Union City, CA Employer: MidPen Housing This position reports to the Director of Compliance & Operations Support, Central Office, within the Property Management Division of the MidPen Housing Management Corporation. The Internal Control Analyst is responsible for compliance performance management of new properties to be leased, acquisitions, refinance, rehab, syndications/re-syndications, or new NOFAs (Notice of Funding Availability) which impact or […]