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Community Development and Housing News: September 27, 2022

Posted by NMA on Sep 27, 2022 8:15:00 AM

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.

Recent News

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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

 

HUD Releases Updated Public Housing Agency Disaster Readiness, Response, and Recovery Guidebook

In recognition of National Preparedness Month, HUD has updated its PHA Disaster Readiness, Response, and Recovery Guidebook to assist PHAs in effectively navigating the disaster process. The update directly supports HUD’s Climate Action Plan, released last year. Read article

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Topics: LIHTC, Industry News, Disaster Recovery, Housing Choice Voucher

Community Development and Housing News: September 12, 2022

Posted by NMA on Sep 12, 2022 10:00:13 AM

HUD publishes FY 2023 FMRs and announces funding for addressing high-priority environmental hazards as well as housing and community development research; California passes the “Affordable Housing and High Road Jobs Act”; Gainesville, FL will reform zoning laws to allow for additional multi-family housing.

Recent News

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HUD Publishes FY 2023 Fair Market Rents

Nationally, Fair Market Rents (FMRs) will increase by an average of about 10 percent, effectively opening up more rental units to housing voucher holders. For FY23, HUD is using private sector data to estimate changes, addressing a temporary data availability challenge; the basic method HUD uses to estimate FMRs remains the same. Read article

 

HUD Announces $40 Million Funding Opportunity to Protect Families from Home Health and Safety Hazards

Applications for the grant program funds are due Tuesday, Oct. 18. The funds, made available through the Healthy Homes Protection Grant Program, will allow local governments to fix older housing, preserve affordable housing, and improve the health of children and families in their communities. Read article

 

California Passes Bill to Streamline Affordable Housing Production in Commercial Zones

The California State Senate and Assembly have approved the “Affordable Housing and High Road Jobs Act,” which will establish by-right approval for affordable housing development on commercially zoned land, unlocking new areas for building homes and reducing delays in beginning construction. NLIHC reports on the bill’s potential impact. Read article

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Topics: FMR, Industry News

Community Development and Housing News: August 29, 2022

Posted by NMA on Aug 29, 2022 9:15:00 AM

This week’s blog rounds up four recent PIH Notices on HUD-VASH vouchers, Stability Vouchers, and Emergency Housing Vouchers. Additionally, HUD extends the deadline to apply for FSS NOFA and updates FAQs.

Recent News

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Notice PIH 2022-26: Registration of Interest (ROI) for HUD-VASH Vouchers

This notice describes the requirements for PHAs interested in requesting Veterans Affairs supporting housing vouchers under the 2022 appropriations act. Revisions from the 2021 ROI process include an exception for PHAs with a documented plan to project-base these vouchers (see Section 6.a.) and a new online ROI form. Read notice

 

Notice PIH 2022-25: Voluntary Reallocation or Recapture of HUD-VASH Vouchers

This notice establishes the processes under which a PHA can be approved to voluntarily reallocate HUD-VASH vouchers and associated funding to another PHA in the same Veteran Affairs Medical Center catchment area. Read notice

 

Notice PIH 2022-24: Stability Voucher Program

This notice explains HUD’s noncompetitive allocation strategy and program requirements for the new Stability Voucher program. HUD is awarding funds to support about 4,000 new incremental vouchers to assist households experiencing or at risk of homelessness, or fleeing domestic violence, human trafficking, and related situations. To be eligible for an allocation, PHAs must currently administer an HCV program. Read notice

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Topics: FSS, PIH notices, VASH, Industry News, Housing Choice Voucher, COVID-19

Community Development and Housing News: August 15, 2022

Posted by NMA on Aug 15, 2022 10:22:05 AM

HUD PIH issues a notice describing CARES Act funding procedures and posts the 2022 NOFA for HCV and FSS programs; NHLP and PRRAC detail new options for PHAs to make the HCV program more affordable for tenants.

Recent News

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PIH Issues Notice on CARES Act Funding Reconciliation and Closeout Procedures

Notice PIH-2022-21 describes closeout

 procedures for funds awarded to PHAs to prevent, prepare for, and respond to COVID-19 through the HCV program, Mainstream Vouchers, and the Moderate Rehabilitation program, including MTW. Read notice

 

PIH Publishes 2022 NOFA for HCV and PH FSS Programs

The NOFA makes available renewal funding for FSS coordinator salaries to recipients of 2019-2021 grants; PHAs who have not received FSS grants in that time period, as well as PBRA owners, are eligible for funding after renewals have been funded. Read article

 

New Options to Increase Housing Choice Voucher Payment Standards

The National Housing Law Project and the Poverty & Race Research Action Council have issued a resource providing tips for increasing voucher payment standards by making the voucher program more affordable to households. Read article

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Topics: FSS, PIH notices, Industry News, Housing Choice Voucher, COVID-19

Community Development and Housing News: July 29, 2022

Posted by NMA on Aug 1, 2022 8:45:00 AM

HUD issues a Family Self-Sufficiency accounting brief and provides vouchers for people with disabilities and foster youth; the US Senate Committee on Finance discusses LIHTC; and Rhode Island dedicates a substantial percentage of ARPA funds to affordable housing and homeless assistance.

Recent News

Person using calculator

PIH-REAC Issues Accounting Brief on FSS Program Financial Reporting

The PIH Real Estate Assessment Center has issued Accounting Brief #26, which provides information on properly reporting Family Self-Sufficiency program transactions in your PHA’s Financial Assessment Subsystem submission, including FSS Program Coordinator Grant Reporting; FSS Program Coordinator Grant Expense reporting; and FSS escrow activity reporting, including new reporting requirements and eligible uses of FSS escrow forfeitures, but not including the calculation of the FSS escrow. Read brief

 

Recap of Senate Finance Committee Hearing on the Role of Tax Incentives in Affordable Housing

NLIHC recaps a recent hearing held by the US Senate Committee on Finance, “The Role of Tax Incentives in Affordable Housing.” Senators discussed the impact of LIHTC, the affordable housing shortage, funding from ARPA, and the proposed “Eviction Crisis Act." Read article

 

Rhode Island Dedicates 23% of ARPA Funds to Affordable Housing and Homeless Assistance, Passes 10 Bills to Address Housing Crisis

Rhode Island’s 2023 budget allots $221 million to affordable housing and homeless prevention, building on an allocation of $29 million approved in January. NLIHC reports on budget details and the advocacy by Homes RI and Housing Network of Rhode Island that led to the investment in housing. Read article

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Topics: Foster Children, FSS, LIHTC, Industry News

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