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Archive March 2019

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NAHMA HUD Update: HUD provides guidance on limited delays for new REAC Inspections, authorizes data collection of Carbon Monoxide Detectors during inspections

Below, please find two updates regarding REAC physical inspections, including delays of physical inspections and carbon monoxide detection system requirements. For ongoing updates on changes to REAC, please visit NAHMA’s “Emerging REAC Issues” webpage here.

HUD Charges Facebook with Housing Discrimination Over Company's Targeted Advertising Practices

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Facebook with violating the Fair Housing Act by encouraging, enabling, and causing housing discrimination through the company’s advertising platform. 

Trump Issues Memo Calling for GSE, HUD Reform

WASHINGTON–March 27, 2019–President Donald Trump today issued a memorandum on federal housing finance reform, including frameworks to reform housing government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, programs of the U.S. Department of Housing and Urban Development (HUD), the Federal Housing Administration and Ginnie Mae.

NAHMA LIHTC Update: Final Rule on Utility Allowance Submetering and 2019 Resident Population Figures

Below, please find two recent IRS updates related to the Low-Income Housing Tax Credit (LIHTC) program.

Trump Administration Proposes 2020 HUD Budget

he Trump Administration today announced its proposed Fiscal Year 2020 Budget for the U.S. Department of Housing and Urban Development (HUD), a $44.1 billion spending plan that expands resources to prevent/end homelessness; invests record funding to reduce lead and other home health and safety hazards; and preserves rental assistance to HUD-assisted households.

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