Late last year, HUD published the much-anticipated capital fund final rule in the Federal Register. Effective November 25, 2013, the new regulation combined and streamlined former capital fund program (CFP) requirements for rehabilitation and development into one comprehensive regulation.
On Tuesday HUD’s Office of Public and Indian Housing (PIH) issued Notice PIH 2014-19 to provide instructions for the calculation of 2015 operating subsidy eligibility. The content of the notice is similar to the content of last year’s notice on the same subject (PIH 2013-16), but it’s not identical. For this reason, we recommend a close reading of the entire text. A few new and noteworthy additions:
If you're reading this blog, you've probably heard the terms "going green," "green building," "sustainable development," and "sustainable communities."