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Archive November 2021

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HUD SECRETARY FUDGE AND GOVERNORS PIERLUISI, EDWARDS, BROWN DISCUSS $2 BILLION IN DISASTER RECOVERY AND RESILIENCE FUNDING AWARDS

U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge, Puerto Rico Governor Pedro Pierluisi, Louisiana Governor John Bel Edwards, and Oregon Governor Kate Brown held a virtual press call on Thursday, November 18, to discuss HUD’s allocation of $2 billion in federal funding to advance equitable disaster recovery and build resilience to climate change.

Clarification of Existing Policies: Valuation of Non-Shelter Services

Please see the November 15, 2021 memo that clarifies policies and processes for valuation of non-shelter services as part of a rent comparability study.

RADBlast! First Faircloth to RAD Under Construction, RAD Data Dashboard and New Upgrades & Tools

The first transaction using the new Faircloth-to-RAD pathway has begun construction in Galveston, TX.

COVID-19 Supplemental Payment Requests Due Friday, Nov. 19

As a reminder to owners of multifamily-assisted properties, the deadline to submit COVID-19 Supplemental Payment (CSP) reimbursement requests to HUD or the Contract Administrator is this Friday, November 19, 2021.

FHA Releases 2021 Annual Financial Report to Congress

Capital ratio remains above statutory minimum benefitting from rapid home price appreciation and a steady recovery from COVID-19 pandemic delinquencies.

U.S. Department of Housing and Urban Development (HUD) Southeast Region IV Virtual Healthy Homes Summit

Healthy Homes addresses environmental health issues such as: mold, lead, allergens, asthma, carbon monoxide, home safety, pesticides, and radon.

NAHMA HUD Update: FHA Catalyst Makes Electronic MAP Application Submissions Required Starting December 10

Please find below a recent update from the Office of Multifamily Housing announcing the required use of FHA Catalyst: Multifamily Applications Module for all electronic Multifamily Accelerated Processing (MAP) lenders application submissions, beginning on December 10, 2021.

NAHMA USDA Update: Construction Monitoring and Change Order Guidance

Please find below a recent RD stakeholder announcement regarding the construction monitoring and change order process.

New COVID-19 Supplemental Payments Request Form Now Available; Requests Due Nov. 19

The final version of the HUD 52671-E CSP Request  form to be used in owner submissions is now posted. Please see the new “Tips and Explanations” document for how to complete the form.

NAHMA HUD Update: Invitation to Participate in Forward Customer Listening Session (Nov. 2-10, 2021)

Please find below an invitation to participate in a HUD Forward Customer Experience Listening Session. For more information including how to register, please view the announcement below.

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