The CDC issued a new eviction moratorium order on August 3rd, through October 3rd, 2021. In response to the action taken by CDC yesterday, NAHMA and a broad real estate industry coalition released a joint statement opposing the new federal CDC eviction moratorium and urged the Administration to work with Congress, states, and localities to help with disbursing critical rental […]

The CDC has just issued a new order temporarily halting evictions, effectively immediately, in counties with heightened levels of community transmission to respond to recent, unexpected developments in the trajectory of the COVID-19 pandemic, including the rise of the Delta variant. It is intended to target specific areas of the country where cases are rapidly increasing, which likely would be […]

The Internal Revenue Service recently published Notice 2021-45 advising State and local housing credit agencies that allocate low-income housing tax credits of the county and parish-level populations residing in a qualified disaster zone to use in calculating the applicable dollar limitation for 2021 and 2022 (as provided by the Taxpayer Certainty and Disaster Tax Relief Act of 2020). Currently, 11 […]

Having hosted two White House convenings on eviction prevention over the past month, the Biden Administration has indicated it will continue to enact an all-of-government effort to ensure renters and landlords can receive rental relief.  As part of that effort, the Consumer Financial Protection Bureau (CFPB) unveiled a new resource portal today (www.consumerfinance.gov/renthelp) that allows renters and landlords to find […]

The Section 3 Final Rule (24 CFR Part 75) became effective July 1, 2021 with the goal to create more effective incentives for employers to retain and invest in their low- and very low-income workers, streamline reporting requirements by aligning them with typical business practices, provide for program-specific oversight, and clarify the obligations of entities that are covered by Section […]

Please find below two recent notices from HUD’s Office of Pubic and Indian Housing: PIH Notice 2021-21, HUD-VASH Registration of Interest Notice. The notice provides $49 million for new HUD-VASH assistance. The 2021 Appropriations Act provides $40 million, while the additional $9 million is from prior appropriations. HUD estimates that this funding has the potential to fund 6,000 new vouchers. Awards […]

NAHMA has published a NAHMAnalyses examining The State of the Nation’s Housing 2021, a recent report published by the Joint Center for Housing Studies of Harvard University assessing the housing and rental markets, demographic trends, and housing challenges faced by households in the United States.  With the U.S. economy recovering from the effects of the pandemic, many renters and homeowners […]

Please find an invitation below from the Multifamily Office of Asset Management and Portfolio Oversight to register for an upcoming webinar on Community Violence Intervention efforts and strategies. The Community Violence Intervention Webinar Series Part 2: Place-based Approaches to Community Violence Intervention will take place on Wednesday, July 21, 2021, at 1:00–2:30 p.m. ET.  For more information, including how to […]

An Open Letter to America’s Landlords On behalf of state agencies administering federal emergency rental assistance funds, thank you for your extraordinary efforts to keep millions of low-income Americans safely housed during the pandemic, especially the millions who have been unable to keep up with their rent. Landlords large and small have forgiven past-due amounts, provided payment plans, and helped […]

The Internal Revenue Service (IRS) has issued Revenue Ruling 2021-14, 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 August 2021. As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for August 2021: Appropriate percentage for the […]

HUD is hosting a series of virtual trainings for grantees impacted by the Section 3 Final Rule which went into effect on November30, 2020. Each virtual training opportunity is offered to grantees within a specific HUD Region, but you must have a HUD Exchange account to register. For more information, including how to register, please see the HUD Exchange announcement […]

HUD has published a notice in the Federal Register extending the period by 180 days for which certain 2019 and 2020 qualified census tracts (QCTs) and difficult development areas (DDAs) are effective for purposes of the low-income housing tax credit (LIHTC). The notice, in response to the COVID-19 pandemic and presidentially declared emergency, extends the eligibility period from 730 days […]

Please find below an invitation from the Federal Housing Finance Agency to participate in a public listening session regarding the proposed Duty to Serve 2022-2024 Underserved Market Plans. Additionally, to help increase awareness about the Emergency Broadband Benefit, the Universal Service Administrative Company (USAC) will be conducting a webinar for grassroots advocates, navigators, and others helping their local communities get […]

Today, NAHMA published two NAHMAnalyses on President Biden’s budget request to Congress, President Biden’s FY22 Budget Request: HUD and USDA, and President Biden’s FY22 Budget Request: Housing Provisions under Tax Policy and Infrastructure Plan. In late May, President Biden submitted to Congress his Administration’s Fiscal Year 2022 (FY22) budget. The budget request totals $6 trillion and provides the Biden administration’s […]

HUD has published a proposed rule in the Federal Register titled Restoring HUD’s Discriminatory Effects Standard. The proposed rule would rescind HUD’s 2020 disparate impact rule and restore the 2013 discriminatory effects rule. HUD believes the 2013 rule is more consistent with decades of case-law and better effectuates the Fair Housing Act’s broad remedial purpose of eradicating unnecessary discriminatory practices […]

The Biden Administration announced today that it is extending the CDC federal eviction moratorium through July 31, 2021. The CDC has stated that while the eviction moratorium extension is subject to revisions based on the changing public health landscape, absent an unexpected change in trajectory, it does not plan to extend the eviction moratorium past July 31, 2021. In a […]

HUD Secretary Marcia Fudge outlined actions that HUD is taking to improve public safety by addressing the housing needs of returning citizens, including through the recently awarded 70,000 emergency housing vouchers funded by the American Rescue Plan. Please find Secretary Fudge’s press release and the full text of her letter sent today to public housing authorities, Continuums of Care, multifamily […]

If your company and properties coordinates with community schools and/or libraries, this may be a critical source of information and funding that you can share with them.  The Federal Communications Commission will host a webinar on June 25, at 2 pm ET to provide an overview of the Emergency Connectivity Fund, a $7.17 billion program that will help schools and […]

On February 2, 2021, Rural Development published a Notice of Solicitation of Applications (NOSA) for the Section 514 Off-Farm Labor Housing (FLH) Loans and Section 516 Off-FLH Grants for New Construction for Fiscal Year 2021. This program provides financing for the construction of new Off-FLH units for domestic farm laborers, retired domestic farm laborers, or disabled domestic farm laborers. The […]

Please find below an invitation to register for HUD’s HOME American Rescue Plan (ARP) webinar series. The Office of Affordable Housing Programs is hosting a webinar series to assist communities in planning for their allocation of HOME-ARP funding in advance of HUD publishing an implementing notice for the program. The first webinar will start on July 1, 2021 at 2:00 […]

HUD has announced today the availability of several new housing tools and resources, including: A mapping tool that helps multifamily and public housing properties reach out to Federally Qualified Health Centers for help with community vaccination efforts, Adding a new appendix on “Building Capacity for Virtual Service Coordination” to HUD’s Service Coordination in Multifamily Housing Resource Guide, and An upcoming […]

The Internal Revenue Service (IRS) issued Revenue Ruling 2021-12, 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 ratesfor July 2021. As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for July 2021: Appropriate percentage for the 70% present […]

Want to show off your community? Then plan to enter the NAHMA 2021 Communities of Quality (COQ) Awards competition. The submission deadline to NAHMA is Nov. 4. Download your application today. To enter the awards competition, a property must first apply for and achieve national recognition as a NAHMA Community of Quality with a minimum score of 325 points on […]

NAHMA, along with a broad coalition of housing and real estate associations, are urging the Biden administration to sunset the federal moratorium on evictions on June 30, 2021. In a joint letter being sent this morning, the coalition said the broad financial assistance provided through relief bills, including Emergency Rental Assistance Program (ERAP) funds, expanded unemployment insurance and direct stimulus […]

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge today announced the awarding of the first tranche of American Rescue Plan funds for Emergency Housing Vouchers (EHVs) for individuals and families who are experiencing homelessness or at risk of homelessness. Specifically, HUD is awarding $1.1 billion – 70,000 vouchers – for 626 public housing authorities (PHAs) administering […]

HUD today issued an interim final rule titled Restoring Affirmatively Furthering Fair Housing Definitions and Certifications. Per the summary of the rule: “The Department of Housing and Urban Development (HUD) publishes this interim final rule to restore certain definitions and certifications that have been through notice-and-comment scrutiny and that are grounded in legal precedent to its regulations implementing the Fair Housing Act’s requirement to affirmatively […]

We received this final report on the insurance cost increase survey that NAHMA and several industry colleagues had commissioned through research firm NDP Analytics. The NDP survey received 174 responses, including housing providers with insurance policies covering solely affordable housing units, conventional housing units, as well as providers with policies that covered both types of units. The survey respondents operate […]

The National Affordable Housing Management Association (NAHMA) announces its 2021 Affordable 100—a list of the 100 largest affordable multifamily property management companies ranked by affordable unit counts—is available on its website at https://www.nahma.org/about/affordable-100/. It will also appear in the June issue of NAHMA News and the National Apartment Association’s Units magazine. The NAHMA website version expands the list to the […]

Please find an update from HUD’s Rental Assistance Demonstration (RAD), via their RADBlast. This update includes: HUD’s request for public comment on recently published draft, revised forms and documents for supporting contracts and processing requirements used in the conversion of public housing, Section 202 PRAC, and Mod Rehab properties through RAD; Available guidance and webinars on Faircloth-to-RAD conversions. Guide to […]

Avoid any last-minute surprises when filling out the National Affordable Housing Management Association (NAHMA) 2021 Affordable Housing Vanguard Awards application by starting it now. It will make it easier for you to ensure you have all the required elements before you send in your completed entry. The deadline is June 4. The application can be downloaded from the Vanguard Award webpage, […]