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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.

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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.

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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

Community Development and Housing News: July 18, 2022

Posted by NMA on Jul 18, 2022 4:21:07 PM

HUD updates MOR scheduling, announces funding for veteran housing, swears in Vinay Singh as Chief Financial Officer, and closes a RAD transaction with Philadelphia Housing Authority; and the Treasury updates ERAP FAQs.

Recent News

Coworkers doing paperwork

HUD Multifamily Publishes Streamlining Management and Occupancy Review (MOR) Final Rule

In a recent final rule effective September 26, 2022, HUD’s Office of Multifamily Housing Programs amended Project-Based Section 8 regulations concerning MOR scheduling. Going forward, a property’s risk-rating and previous score will determine whether the property’s next MOR will be scheduled within 12, 24, or 36 months of its previous MOR. Read article

 

Treasury Releases Revised Guidance for Emergency Rental Assistance Programs

The US Department of the Treasury’s recently updated FAQ addresses payments made by multiple grantees, documentation and eligibility requirements, source-of-income protection laws, and accessibility. NLIHC reports on the changes. Read article

 

HUD, VA Announce $10.4 Million Funding Opportunity for Rehabilitation of Low-Income Veterans’ Homes

HUD and VA are making available $10.4 million through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP) for the rehabilitation of homes of veterans with low incomes and disabilities. Grants will be competitively awarded in amounts of up to $1 million each to selected applicants; HUD expects to make approximately 10 awards from the funds available under the Notice of Funding Opportunity (NOFO). Read article

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Topics: Final Rule, RAD, Industry News, COVID-19

Community Development and Housing News: July 6, 2022

Posted by NMA on Jul 6, 2022 2:21:31 PM

HUD posts regulatory agenda, provides voucher administrative fund guidance, releases new data sharing process for CDBG-DR and CDBG-MIT grantees, and closes a RAD transaction with the Virgin Islands Housing Authority; OCI posts the 2023 Capital Fund certification schedule.

Recent News

Person at computer

HUD Posts Semiannual Regulatory Agenda

The Office of Information and Regulatory Affairs has made available its semiannual regulatory agenda. The agenda for HUD includes a proposed reauthorization of VAWA, a final rule on reporting requirements for lead-based paint hazards, and much more. See agenda

 

HUD PIH Provides Guidance on Using Voucher Administrative Funds to Help Households Lease Units

Notice PIH 2022-18 provides guidance to PHAs that use HCV Administrative fee fund allocations for non-traditional “other expenses” to help households with vouchers successfully lease homes. Because the Consolidated Appropriations Act of 2022 provides funding for other expenses than typical HCV administrative activities, PIH has revisited its previous guidance on eligible use of such fees. NLIHC shares key information from the notice. Read article

 

OCI Posts 2023 Cap Fund Certification Schedule

HUD’s Office of Capital Improvements has announced that in preparation for the calculation of FY 2023 Capital Fund grant awards, the annual PIC certification process will run July 5-August 25, 2022. The reporting date is June 30. See announcement

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Topics: Capital Fund, CDBG, HCV utilization, PIH notices, RAD, CDBG-DR, Industry News

Community Development and Housing News: June 21, 2022

Posted by NMA on Jun 21, 2022 10:30:00 AM

HUD provides guidance on Public Housing Operating Fund Shortfall Funding and expands housing counseling agency locator tools; the Office of PD&R releases an issue of Evidence Matters on youth homelessness; and San Francisco addresses homelessness in the transgender community.

Recent News

Desk with financial paperwork

PIH Issues Notice on OpFund Shortfall Funding from FFY 2022 Appropriations

Notice PIH 2022-17, titled “Implementation of Public Housing Operating Fund Shortfall Funding from Federal Fiscal Year (FFY) 2022 Appropriations,” provides guidance on eligibility, the application process, and other requirements for funding set aside by the 2022 Appropriations Act to assist PHAs experiencing or at risk of financial shortfalls. Read notice

 

HUD Expands Housing Counseling Agency Locator Tools

New online and phone technology will help consumers seeking housing counseling to find information more easily. Enhanced online search capability in English and Spanish includes improved navigation and search options, smartphone capability, and map integration. The automated telephone information delivery system includes translation services in more than 200 different languages. Read article

 

Evidence Matters: Intersectionality of Youth Homelessness

This issue of Evidence Matters discusses the intersectional aspects of youth homelessness. Learn about the prevalence of youth homelessness in the United States and its impact on youth who identify as lesbian, gay, bisexual, transgender, queer, or questioning, and the range of other ways people identify, as well as people of color. Read issue

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Topics: PIH notices, Industry News, Shortfall Funding

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