Archive October 2023
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NAHMA LIHTC Update: NCSHA Releases New Recommended Practices in Housing Credit Administration
The National Council of State Housing Agencies (NCSHA) today released the seventh edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide each state’s administration of the federal Low Income Housing Tax Credit (Housing Credit) program, which is the primary financial resource for the construction and rehabilitation of affordable rental housing in the United States. >> Read More
Biden-Harris Administration Encourages Communities and Developers to Explore More Commercial to Residential Conversions
Today, the U.S. Department of Housing and Urban Development (HUD) and the Biden-Harris Administration announced important updates that will help bolster our nation’s housing supply and improve housing affordability. The White House released a guidebook,
developed in partnership with HUD and other federal agencies, that will help communities and housing providers identify federal resources to finance the conversion of commercial properties to residential uses and mixed-use development. See today’s White House fact sheet here
. >> Read More
U.S. Department of Housing and Urban Development Celebrates Opening of 76 New Affordable Senior Homes in Columbus, OH
The U.S. Department of Housing and Urban Development’s (HUD) Assistant Secretary for Housing Julia R. Gordon today joined the leadership of National Church Residences, the largest nationwide non-profit organization providing affordable senior housing, and state and local dignitaries at a ribbon-cutting ceremony celebrating the opening of Salem Village in Columbus, OH, and its 76 new affordable rental homes for low-income seniors.
>> Read More
Proposed Rule - Updates to Multifamily Housing Insurance Requirements
- By: admin
- On: 10/25/2023 16:20:01
- In: RD
The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on Wednesday, October 25, 2023 (Federal Register Vol. 88 No. 205
) to update current regulations for MFH insurance coverage and deductible requirements. >> Read More
HUD Earns Institutional Energy Management Award from the Association of Energy Engineers
The U.S. Department of Housing and Urban Development’s (HUD) Office of Public Housing, Energy Branch received an international award for the Institutional Energy Management from the Association of Energy Engineers (AEE). The prestigious award is granted to organizations that have achieved national and international prominence in promoting the practices and principles of energy engineering and energy management. >> Read More
The Rural Housing Service (RHS) Launches New Physical Inspection Process
- By: admin
- On: 10/24/2023 13:57:49
- In: RD
The Multifamily Housing Division of USDA’s Rural Housing Service (RHS) is launching a new way of conducting the physical inspection segment of its Tri-Annual Supervisory Visit (SV); the most important tool for monitoring a borrower’s continued compliance with the management, financial, and occupancy requirements at a multifamily property.
HUD Expands More Housing Choices to a Total of 800,000 Households with Rental Assistance
Today, the U.S. Department of Housing and Urban Development (HUD) announced an action that will cover expanded housing and neighborhood choices for more than 800,000 total households using Housing Choice Vouchers to find and secure affordable housing.
HUD Announces ConnectHomeUSA Virtual Summit to Bridge the Digital Divide for HUD-Assisted Families
Today, the U.S. Department of Housing and Urban Development (HUD) announced that Secretary Marcia L. Fudge will provide remarks at the 2023 ConnectHomeUSA (CHUSA) Virtual Summit for CHUSA communities, Public Housing Agencies (PHAs), Tribes/Tribally Designated Housing Entities (TDHEs), Multifamily housing providers, public-private stakeholders, and anyone interested in promoting digital inclusion in their community, October 24 – 26, 2023. >> Read More
Rural Housing Service - Multifamily Housing 515 Nonprofit Transfer and Off-Farm Labor Housing Technical Assistance Grant Program Awards
- By: admin
- On: 10/20/2023 15:07:12
- In: RD
Rural Development’s Office of Multifamily Housing is pleased to announce the following awardees for the 515 Nonprofit Transfer Technical Assistance Grant Program and the Off-Farm Labor Housing Technical Assistance Grant Program for FY 2023.
HUD Announces $40 Million to Hire New and Maintain Existing Service Coordinators for Residents of Public and Indian Housing
The U.S. Department of Housing and Urban Development (HUD) announced today that $40 million in funding is available through the Resident Opportunity and Self-Sufficiency (ROSS) Service Coordinator Program for Public Housing Agencies (PHAs), Tribes/Tribally Designated Housing Entities (TDHEs), Multi-Family Owners, resident associations, and nonprofit organizations. >> Read More