Space is still available for the remaining Office Hours. Register today! Do you have unanswered questions on HUD’s Section 3 Final Rule? Still not sure how to implement the requirements of the Section 3 Rule compliantly into your programs? Office Hours are now available to help support HUD housing and community development (HCD) and public housing authority (PHA) financial assistance recipients. […]
There is still time to enter the NAHMA 2022 Communities of Quality (COQ) Awards competition. But the window to apply is closing; the awards submission deadline to NAHMA is Nov. 3. The COQ Awards recognize outstanding property management companies providing the highest quality of safe, affordable multifamily rental housing in communities across the country. Download the COQ Awards application brochure […]
Presented by USDA Rural Development’s Rural Utilities Service (RUS), this 3-day workshop will provide an end-to-end walkthrough of the ReConnect application system. This workshop will include: An in-depth exploration of each section of the online application system Step-by-step demonstrations and how-to’s showing how to enter and save data in each section of the application Plenty of time for questions and […]
Rural Development has recently published Procedural Notice 567 (see attached) announcing final management fees for Fiscal Year (FY) 2023. This year, RD has used HUD’s FY 2022 Income Limits as the base management fee, versus their OCAFs. To view the chart listing your state’s FY 2023 management fee adjustment, visit pages 54-55 of Attachment 3-F, Chapter 3 of HB-2-3560.
Secretary Tom Vilsack today announced that USDA is now accepting applications for ReConnect Program loans and grants to expand access to high-speed internet for millions of people in rural America nationwide. USDA is making more than $1 billion available, thanks to President Biden’s Bipartisan Infrastructure Law. The program is a critical piece of the Biden Administration’s commitment to connect every […]
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 Webinar Presentation – provides a general overview of the NOFO and discusses information related to applying for the grant. […]
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 level of acceptable occupancy of 90% for 90 continuous days within the 120-day period immediately preceding the issuance of the permanent guarantee or […]
GSA is hosting a stakeholder web event on Wednesday, September 14, 2022, at 1:00 PM (ET). This meeting will focus on questions related to the SAM.gov entity validation process. You can register here for the session. You may submit questions when registering for the webinar. All questions must be submitted by Tuesday, September 13, 2022 at 12:00PM (ET). Register now! Space is limited for this […]
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 40 percent of the rental housing units in an area. Nationally, FMRs will increase by an average of approximately 10 […]
HUD has recently issued a notice for 4,000 new Stability Vouchers (similar to the Emergency Housing Voucher Program) that seek to address unsheltered homelessness and homeless encampments. The notice directs Stability Vouchers to PHAs partnering with Continuums of Care and Victim Service providers to implement coordinated approaches to reduce the prevalence of homelessness, improve service engagement and promote housing stability […]
Hello Industry Partners! I hope you are enjoying your summer. I am delighted to share with you the latest program announcements and priority initiatives in RD’s Office of Multifamily Housing, Production & Preservation (P2) Division. Tenant Selection Plans & Preferences for People Experiencing Homelessness P2 will actively continue to collaborate with industry partners seeking regulatory relief from the Agency to […]
The Federal Housing Finance Agency (FHFA) announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). The Committee will provide advice and input regarding affordable, equitable, and sustainable housing needs and any regulatory or policy changes that may be necessary or beneficial to address those matters. In addition, the Committee will provide input on […]
Urge Members of Congress to work together to ensure affordable housing and rental assistance programs receive funding. Ask your lawmakers to provide increased funding for affordable housing and rental assistance programs that preserve, rehabilitate, and create new affordable units. Dear NAHMA Members, I hope this email finds you well. Congress is in recess and Lawmakers are back in their Home […]
Think you have an award-winning community and want to enter the NAHMA 2022 Communities of Quality (COQ) Awards competition. Still, you haven’t received national recognition as a COQ property yet. That’s OK. There is still time to become certified by the national recognition program deadline. The COQ Awards recognize outstanding property management companies providing the highest quality of safe, affordable […]
Join a free four-part webinar series to learn about the Consumer Financial Protection Bureau (CFPB’s) Your Money, Your Goals financial empowerment, and consumer protection resources. The webinars will be held on Thursdays, September 8, 15, 22, and 29 from 3:00 pm to 4:00 pm EST. The webinars will showcase Your Money, Your Goals tools and materials that frontline staff and […]
The National Council of State Housing Agencies (NCSHA) is seeking industry comments on their revised Recommended Practices in Housing Credit administration. The Recommended Practices and accompanying survey document are attached and cover all areas of state administration of the Housing Credit program, including development, underwriting, and compliance. NCSHA will consider the industry comments it receives as it finalizes the practices […]
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 to support the approval of action plans by HUD staff, we are offering owners with FSS programs at multiple sites the opportunity for a coordinated review of their […]
The Davis-Bacon Labor Standards: Agency/Contractor Guide and Contractor Addendum are now available on the HUD Exchange. The Guide and Addendum are new and improved compliance resources created with usability in mind – they are accessible and searchable desktop resources that can be used to answer questions at a glance. View the Guides Note: These two new guides replace the following guidance documents: Making Davis-Bacon Work: A […]
We are excited to share with you that the Family Self-Sufficiency (FSS) Program Notice of Funding Opportunity (NOFO) for Fiscal Year 2022 published today. For the first time, owners participating in HUD’s Multifamily Section 8 project-based rental assistance program are eligible to apply for funding through this NOFO. You can access the NOFO here. The 60-day application period runs from August […]
USDA Rural Development MFH Quarterly Update Rescheduled Date: Thursday, September 29, 2022 | Time: 3:00 p.m. Eastern Time Join USDA Rural Development Multifamily Housing (MFH) leadership to receive updates on MFH programs. USDA Rural Development MFH Field Operations staff hold these quarterly to provide updates to our customers. To join us for this meeting on Thursday, September 29, 2022, at […]
The Biden Administration recently announced new actions, through HUD, to connect families served by HUD programs to solar power and help lower their electricity bills. To help lower the cost of electricity, HUD issued new guidance that will help enable families in HUD-assisted rental housing to subscribe to local community solar where available. With this guidance, HUD is setting the […]
The Department of the Treasury announced new guidance designed to increase the ability of state, local, and tribal governments to use American Rescue Plan (ARP) funds to boost the supply of affordable housing in their communities, including through the development of LIHTC properties. Treasury has previously encouraged governments to dedicate a portion of the $350 billion available through the State […]
HUD issued a request for public comment on a draft contract solicitation (also attached) for future HAP contract support services (Formerly known as the Performance-Based Contract Administrator (PBCA) Program). If you would like NAHMA to submit comments on the proposed changes, members should provide NAHMA staff comments by COB on August 25, 2022. Members can also submit their feedback individually […]
Over the past several months, Multifamily Housing has received several requests from state and local governments about how we interpret community solar credits and when these credits can be excluded from income and utility allowance calculations. The MF Community Solar Credits Memo reflects how we have approached these requests to date and may be helpful to state and local government and owners […]
A Notice of Funding Opportunity (NOFO) for FSS grants will be released this summer. We are excited that, for the first time, PBRA (Multifamily) owners will be eligible for program funding. There are a few steps necessary for an owner to be able to apply for funding, and want to provide some guidance to make sure owners are ready to […]
The latest NAHMAnalyses examining the Streamlining Management and Occupancy Reviews (MORs) for Section 8 Housing Assistance Programs Final Rule and President Biden’s Housing Supply Action Plan, are now available To view the NAHMAnalysis: Streamlining Management and Occupancy Reviews (MORs) for Section 8 Housing Assistance Programs Final Rule, click here To view the NAHMAnalysis: President Biden’s Housing Supply Action Plan, click here.
Full RAD Portfolio Conversion in Knoxville, Tennessee Since 2016, the Knoxville’s Community Development Corporation (KCDC) has converted over 3,000 public housing units through 22 properties through RAD, investing over $93 million in renovations. Within the next two years, they plan to convert their last three public housing properties and complete. We sat down with Ben Bentley, the Executive Director of KCDC […]
HUD issued a notice seeking public comment on proposed changes to the methodology used for calculating Fair Market Rents (FMRs). HUD is proposing two material changes to the calculation of FMRs for FY 2023 to: (1) deal with the temporary lack of availability of 2020 ACS 1-year data; and (2) provide additional local rent inflation data that better conform FMR […]
We are pleased to announce that the National Affordable Housing Management Association (NAHMA) is sponsoring Pearl Meyer’s Real Estate Compensation Survey for a second year. Members of the Pearl Meyer team have been reaching out to NAHMA members regarding the survey process. Survey submissions are due in July. The compensation report will be published in October. NAHMA encourages our members’ […]
This is a message from RD announcing that it is seeking a public interest waiver to allow additional time to implement the Build America, Buy America Act pursuant to the Office of Management and Budget’s guidance and the Act. For more information, including how to submit comments on the proposed adjustment period public interest waiver, please read this announcement. On November […]