HUD awards landmark number of housing choice vouchers, posts guidance on LIHTC site control, and updates its Disaster Readiness, Response, and Recovery Guidebook for PHAs; Michigan releases its first-ever statewide housing plan.
HUD Awards More than 19,000 New Housing Choice Vouchers
In the most expansive allocation of flexible rental assistance in 20 years, HUD announced on Friday the awarding of $214,519,250 in housing choice vouchers. Funding will go to 1,945 public housing authorities, covering nearly every community in the country, some of which will receive their first allocation of new vouchers in decades. Read article
HUD Posts Guidance on Ground Leases and Purchase Options to Establish LIHTC Site Control
HUD has added to its Repositioning FAQs and Handouts page a document providing guidance on when a ground lease should not be executed, as it could trigger violations of a contract with HUD or possible environmental concerns. Read article