Community Development and Housing News: May 15, 2023
HUD publishes the NSPIRE final rule and releases new HOTMA resources.
NSPIRE Final Rule Published
The NSPIRE final rule, published Thursday in the Federal Register, makes sweeping changes to the inspections process for all HUD-assisted housing. July 1, 2023 is confirmed as the effective date for the Public Housing program, and October 1, 2023 for the HCV, Multifamily, PBV, and CPD programs. Read article
HUD Releases Training and Resources on HOTMA Sections 102 and 104
HUD recently held a training titled “Section 102 & 104 Income and Assets: Part 1.” The training slideshow is now available, as are supplementary resources that include an income estimation tool. These resources are linked on NMA’s HOTMA page. See resources
Ability Housing Celebrates Opening of Tuition-Free Preschool at Apartment Community in Florida
Nonprofit multifamily developer Ability Housing has opened a tuition-free preschool in one of their apartment communities, supporting their goal of reducing intergenerational poverty among residents. NLIHC reports on the preschool. Read article