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Community development and housing news: August 31, 2020

Posted by NMA on Aug 31, 2020 8:45:00 AM

HUD approved new uses and provided guidance and flexibility for coronavirus relief funds, Fair Market Rents (FMRs) for the Housing Choice Voucher were published, and more.

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HUD Secretary Ben Carson approved new uses for communities' coronavirus relief funds

On Friday, August 14, Secretary Ben Carson announced new flexibilities for the Community Development Block Grant (CDBG-CV) program to allow for the best utilization of funds by state and local governments. HUD is also allowing flexibility to use non-CARES Act funds for coronavirus recovery. Read more

 

HUD provided guidance and flexibility to state and local governments for coronavirus relief funds

The issue will allow governments to use existing federal disaster recovery funds to support low- and moderate-income households for disasters occurring in 2015, 2016, 2017, 2018, and 2019 during the coronavirus outbreak. Also provided were extensions and clarification on submission deadlines for Community Development Block Grant disaster recovery (CDBG-DR). Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: August 17, 2020

Posted by NMA on Aug 17, 2020 8:30:00 AM

HUD awards $472 million in CARES Act, Los Angeles County plans to provide $100 million in rent relief, Shreveport and Sacramento get HUD EnVision Centers, and more.

Breaking news

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HUD awards $472 million in CARES Act funding to support public housing authorities

On Monday, August 10, HUD announced the latest round of emergency relief funding for public housing authorities. These funds are available by the Coronavirus Aid, Relief, and Economic Security (CARES) Act and can be used to help the Housing Choice Voucher program. Read more

 

Los Angeles County prepares to hand out $100 million in rent relief

The program will use money from COVID-19 relief funds to pay rent for low-income tenants who are experiencing hardships as a result of the health and economic crisis. The Los Angeles County Development Authority hopes the program will help 8,000 to 9,000 households. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: August 3, 2020

Posted by NMA on Aug 3, 2020 8:53:30 AM

HUD announces Housing Choice Voucher Mobility Demonstration and commemorates the first anniversary of the Foster Youth to Independence (FYI) initiative. NYCHA program helps woman launch her own business. Affordable housing complexes coming to ID and NYC, and more.

Breaking news

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Secretary Ben Carson announces HUD’s new Housing Choice Voucher Mobility Demonstration

On Tuesday, July 21, HUD Secretary Ben Carson announced the Housing Choice Voucher Mobility Demonstration. The demonstration allows participating PHAs to implement housing mobility programs by offering mobility-related services to increase the number of voucher families with children living in opportunity areas. PHAs will also be able to adopt administrative policies that further enable housing mobility, increase landlord participation, and reduce barriers for families to move across PHA jurisdictions through portability. Read more

 

HUD Secretary Ben Carson commemorates the first anniversary of the Foster Youth to Independence (FYI) initiative

On July 24, in Pittsburgh, Pennsylvania Secretary Ben Carson commemorated the one year anniversary of the Foster Youth to Independence (FYI) initiative by meeting with voucher recipients and holding a roundtable with local leaders. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

How to consider cash and other contributions when calculating rent in the Multifamily Housing program

Posted by Reneé McTyeire on Jul 28, 2020 7:45:00 AM

rent calculation and cash contributions


Calculating a family’s rent can be tricky when a family receives cash contributions and other gifts from or when they receive income sporadically or from different sources. For the Multifamily program, the HUD Handbook 4350.3 (REV-1) provides some guidance which NMA trainer and consultant Reneé McTyeire discusses here. (Note, this guidance does not apply to programs under HUD’s Office of Public and Indian Housing (PIH) programs).

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Topics: Rent Calculation, Multifamily

Community development and housing news: July 20, 2020

Posted by NMA on Jul 20, 2020 8:45:00 AM

Appropriations Committee approves the 2021 fiscal year THUD funding bill, Eviction Prevention and Stability Toolkit announced on July 8, Stanislaus Regional Housing Authority to renovate a Modesto hotel into apartments, and more.

Breaking news

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Appropriations Committee approves fiscal year 2021 Transportation-Housing and Urban Development funding bill

The 2021 fiscal year funding provides $158.3 billion in base budgetary resources. $75 billion of these funds are allocated to support the economic recovery from the coronavirus pandemic. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

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