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Archive August 2024

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HUD Publishes FFB Risk Share Interest Rate Collar

The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury announced new actions to provide more interest rate certainty for state and local Housing Finance Agencies...

 

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HUD Publishes Housing Notice 24-08: Establishment of an Interest Rate Collar Program for New Construction/Substantial Rehabilitation under the HUD/FFB Multifamily Risk Sharing Program

This Housing Notice (HN) introduces the FFB Interest Rate Collar Program. The FFB Interest Rate Collar Program will implement a new pricing product for new construction/substantial rehabilitation insured-upon-completion financing through the HUD/FFB Multifamily Risk Sharing program.

 

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ICYMI - Register for HUD's Upcoming 2024 Community Conference

HUD Office of Field Policy and Management sent a bulletin announcing its upcoming Community Conference. 

 

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HUD’s FY25 PBCA Listening Session Invitation

 The Agency received helpful feedback through the recent PBCA listening sessions and would like to continue hearing from stakeholders in smaller group settings to encourage more interaction and collaboration.

 

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HUD Publishes Disbursing Multifamily Mortgage Proceeds: Permitting Mortgagees to Disburse Mortgage Proceeds with Mortgagor-Provided Funds Notice

Today, the Office of Multifamily Housing Programs, published the Disbursing Multifamily Mortgage Proceeds: Permitting Mortgagees to Disburse Mortgage Proceeds with Mortgagor-Provided Funds proposed rule in the Federal Register for public comment to modernize regulation in 24 CFR § 200.54(b).

 

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HUD Awards $6 Million to Protect Families from Home Health and Safety Hazards

Funding will be used to make private homes safer

 

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Why Wait? Enter NAHMA’s COQ Awards Today

Want to enter the National Affordable Housing Management Association (NAHMA) 2024 Communities of Quality Awards competition but didn’t receive the minimum points on the Communities of Quality (COQ) National Recognition program application to qualify? 

 

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REMINDER: Healthy Homes Production NOFO Presentation and Q&A Webinar

The HUD Office of Lead Hazard Control and Healthy Homes (OLHCHH) is making available $40 million through the Healthy Homes Production Grant Program. Application deadline: 09/03/2024

 

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HUD Publishes PIH Notice 24:25 - Public Housing Operating Subsidy Grant Eligibility Calculations and Processing for Calendar Year (CY) 2025

This Notice provides public housing agencies (PHAs) with instructions for calculating Operating Subsidy grants for CY 2025 and establishes submission deadlines. 

 

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Bill Containing Provisions to Boost LIHTC Allocation, Reduce Financed-By Test Fails to Advance in Senate

A cloture vote today to begin consideration of the Tax Relief for American Workers Act (H.R. 7024) in the U.S. Senate failed, 48-44, effectively ending the chances for the bill to advance as currently written.

 

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