As part of its advocacy on the latest, and possibly last, pandemic relief bill before Congress, the National Affordable Housing Management Association (NAHMA) has launched a Grassroots Advocacy campaign encouraging members to contact their U.S. Senators and request that adequate relief be provided, including extending unemployment benefits and providing emergency rental assistance, as well as fully funding all rental assistance […]
HUD’s Office of Multifamily Housing announced today the award of $74 million in grants to 12 state housing finance agencies, through its Section 811 Project Rental Assistance Notice of Funding Availability (NOFA). This award will provide project-based rental assistance funding to eligible state housing agencies for extremely low-income persons with disabilities. The funding was made available through a competitive NOFA […]
Below, please find an announcement from HUD’s Office of Public and Indian Housing regarding the release of updated National Standards for the Physical Inspection of Real Estate (NSPIRE) Inspection Standards, version 1.3. This new version will be used to improve and better define the Housing Choice Voucher program. HUD is open to receiving public comment on all aspects of the […]
Please find an update from HUD’s Rental Assistance Demonstration (RAD), via their RADBlast. This update includes the publication of the Post-Conversion Processing Guide, which provide information to Managers, Owners and PHAs on how to process post-closing issues that may arise after RAD conversion, some of which require HUD approval. The Post-Conversion Processing Guide offers additional guidance on whom to contact […]
HUD’s Office of Multifamily Housing recently released an updated COVID-19 Questions and Answers Guidance (last updated on May 21). A significant portion of the questions on resident health, tenant income, MORs, asset management and policy and operations have been updated with new guidance. This includes updates to questions on financial audits, tenant income recertification, including guidance on interim and annual […]
Below please find an announcement from the Department of Housing and Urban Development regarding requesting Covid-19 supplemental payments, as well as troubleshooting and tips for submission supplemental payment requests. The OMB approved form HUD 52671-E can be found here. REMINDER: Funds for COVID-19 Supplemental Payments Requests are due to HUD or the Contract Administrator by August 5, 2020, and must […]
The Department of Housing and Urban Development’s Office for Public and Indian Housing published Notice 2020-16, Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year (FFY) 2020 Appropriations. This notice implements a provision in the FFY 2020 Further Consolidated Appropriations Act which provides for a $25 million set aside of Public Housing Operating Funds to assist Public […]
On July 16, 2020, the California Department of Housing and Community Development announced the release of the Homekey Notice of Funding Availability (NOFA) for $600 million. Now available online: Homekey application Eligible Applicants: Cities, counties, or other local public entities, including housing authorities or federally recognized tribal governments within California, may apply independently as a Development Sponsor or jointly as the lead applicant […]
Please find below an announcement from HUD’s Office of Multifamily Housing CNA e-Tool Team regarding the availability of several webinars introducing the Capital Needs Assessment (CNA) e-Tool version 3.0. The webinars are for all current and future CNA e-Tool users: lenders, needs assessors, Participating Administrative Entities (PAEs), and Public Housing Authority personnel preparing RAD applications and requires a HUD Exchange […]
When updating your to-do list for the summer, add entering the NAHMA 2020 Communities of Quality (COQ) Awards competition. The submission deadline to NAHMA is Nov. 5. 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 its National COQ Recognition […]
Today, the Internal Revenue Service (IRS) issued Revenue Ruling 2020-15, 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 2020. As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for August 2020: Appropriate percentage for the […]
Today the Department of Housing and Urban Development (HUD) published a proposed rule [Docket No. FR 6122-P-01] that would revise the Mark-to-Market program regulations to clarify that all annual rent adjustments for projects subject to a restructuring plan are by application of an operating cost adjustment factor (OCAF) established by HUD. The current regulations contain a provision authorizing HUD to […]
Nearly $2 billion in new state and federal funding to become available in next 12 months to address housing, homelessness, COVID-19 response, and community development The California Department of Housing and Community Development (HCD) has released its Notice of Funding Availability (NOFA) calendar for the 2020-2021 fiscal year. HCD’s NOFA calendar shows: NOFA release dates Application deadlines Anticipated award dates for […]
Today the Department of Housing and Urban Development’s Office of the Assistant Secretary for Public and Indian Housing published a Notice in the Federal Register[Docket No. FR-6191-N-01] implementing the Housing Choice Voucher mobility demonstration. The notice defines PHA eligibility criteria; establishes the application process (including setting forth the factors HUD will employ in rating and ranking PHA applications); and explains […]
The Department of Housing and Urban Development’s Office of Multifamily Housing has just published a memorandum regarding the allocation of $10 million, provided by the CARES Act, for service coordination and renewal of congregate housing services grants. This memorandum includes steps HUD is undertaking to provide supplemental appropriations to approximately 1,600 properties with grants previously awarded through the NOFA process […]
VOLUNTEERS WANTED FOR A RESEARCH STUDY This is a research study with Property Managers about burnout, stress, organizational climate and turnover intention in Affordable Housing and the researcher is looking for your input! Research Purpose: The purpose of this study is to examine the prevalence, correlates, and antecedents to burnout among affordable housing property managers and to bring a deeper […]
The California Department of Housing and Community Development is pleased to announce $310 million in awards for the Round 2 Multifamily Housing Program Notice of Funding Availability that was released January 2, 2020. These awards will provide permanent financing for affordable multifamily rental and transitional new construction, acquisition, rehabilitation, and conversion housing developments for lower-income households. Senate Bill 3, which […]
The Department of Housing and Urban Development recently announced a proposed rule, Making Admission or Placement Determinations Based on Sex in facilities Under Community Planning and Development Housing Programs (Docket No. fR-6152-P-O1), which makes modification to the 2016 portion of the Equal Access rule. The Equal Access rule requires all HUD funded housing services to be provided without discrimination based […]
HUD’s Office of Multifamily Housing recently published Notice H 20-07, which describes the eviction relief measures provided to tenants of certain multifamily properties under the CARES Act. Specifically, this notice extends the moratorium on evictions for all HUD-insured or HUD-held mortgages while under forbearance and also provides guidance on tenant protections for multifamily properties not subject to forbearance and those […]
Today, HUDs Office of Multifamily Housing published a COVID-19 Guidance for Landlords, titled Promoting Housing Stability During the COVID-19 Emergency. This guidance is intended for multifamily property owners and managers and includes information on what types of evictions and fees are covered under the CARES Act eviction moratorium (including properties that are under mortgage forbearance), how to inform families and […]