Archive April 2021

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NAHMAnalysis--COVID-19 and the State of Affordable Housing

This week, NAHMA published a NAHMAnalysis, COVID-19 and the State of Affordable Housing. It’s becoming evident that over the past year, COVID-19 has had a devastating impact on both low income renters and owners/managers through business closures and partial shutdowns, hampering their ability to make rent and mortgage payments. 

Unemployment benefits & child tax credit, Notice to vacate

The 2021 Consolidated Appropriations Act (2021 Appropriations) and the American Rescue Plan of 2021 (ARP) amended three provisions to strengthen and extend unemployment benefits in the CARES Act and the ARP provides a monthly payment from the enhanced child tax credit that will begin being distributed to families in July 2021.


The U.S. Department of Housing and Urban Development (HUD) today announced a $28 million investment to 12 public housing agencies (PHA) to help families increase their earned income and improve their economic mobility. 

NAHMA HUD Update: HUD To Resume Physical Inspections, beginning on June 1, 2021

HUD announced the resumption of physical inspections, beginning on June 1, 2021.

HUD Withdraws Proposed Rule, Reaffirms Its Commitment to Equal Access to Housing, Shelters, and Other Services Regardless of Gender Identity

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge on Thursday announced that HUD is withdrawing the previous administration’s proposed rule that would have weakened the Equal Access Rule.

HUD Accelerates Access to Puerto Rico Disaster Relief Funds

The Department of Housing and Urban Development today announced the obligation of $8.2 billion in Community Development Block Grant Mitigation (CDBG-MIT) funds for Puerto Rico, along with the removal of onerous restrictions unique to Puerto Rico that limited the island’s access to CDBG-DR recovery funds that were allocated following Hurricane Maria in September 2017.

NAHMA HUD Update: HUD Announces COVID-19 Supplemental Payments for PBRA

HUD’s Office of Multifamily Housing published Housing Notice 2021-01, Continued Availability of Funds for COVID-19 Supplemental Payments for Properties Receiving Project-Based Rental Assistance under the Section 8, Section 202, or Section 811 Programs.

NAHMA LIHTC Update: Low-Income Housing Tax Credit Rates for May 2021

Today, the Internal Revenue Service (IRS) issued Revenue Ruling 2021-8, 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 May 2021.

NAHMA HUD Update: Section 8(bb) Transfer for Owner Opt-outs; $5 Billion Allocated to HOME program; HUD and VA Pledge to End Veteran Homelessness

HUD has announced several recent updates regarding Section 8(bb) transfers for owner opt-outs; a $5 billion allocation for the HOME program, and efforts to end Veteran homelessness. 

NAHMA Update: CDC Provides Updated Eviction Moratorium FAQs

 The Centers for Disease Control and Prevention (CDC) issued updated Frequently Asked Questions (FAQs) to the Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19 (with the last update occurring in early February).
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