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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 16, 2021

Posted by NMA on Aug 16, 2021 4:45:00 AM

HUD announces a Fair Housing collaboration with the Federal Housing Finance Agency (FHFA), publishes FY22 Fair Market Rents (FMRs), and joins the Department of the Treasury in releasing coronavirus and ERAP updates and resources.

Recent News

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HUD and FHFA Announce Collaboration to Advance Fair Housing and Fair Lending Enforcement

On Thursday, HUD and the Federal Housing Finance Agency entered into a collaborative agreement to enhance the enforcement of the Fair Housing Act, as well as oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Read article

 

HUD Publishes FY22 Fair Market Rents (FMRs)

HUD has published FY22 FMRs based on the most recent American Community Survey data, trended through 2022. PHAs and other interested parties my comment on the FMRs and request a re-evaluation through Thursday, September 30, 2021. Read article

 

HUD Multifamily Office Posts Update to Coronavirus Questions and Answers

The Office of Multifamily Housing Programs issued its 11th update to “Questions and Answers for Office of Multifamily Housing Stakeholders: Coronavirus Disease 2019 (COVID-19), primarily updating dates from the previous Q&A. Eight new Q&As address the Emergency Rental Assistance program. NLIHC highlights two updated and one new Q&A. Read article

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Topics: Fair Housing, FMR, Industry News, Emergency Rental Assistance

Community development and housing news: August 31, 2020

Posted by NMA on Aug 31, 2020 8:45:00 AM

HUD approved new uses and provided guidance and flexibility for coronavirus relief funds, Fair Market Rents (FMRs) for the Housing Choice Voucher were published, and more.

Breaking news

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HUD Secretary Ben Carson approved new uses for communities' coronavirus relief funds

On Friday, August 14, Secretary Ben Carson announced new flexibilities for the Community Development Block Grant (CDBG-CV) program to allow for the best utilization of funds by state and local governments. HUD is also allowing flexibility to use non-CARES Act funds for coronavirus recovery. Read more

 

HUD provided guidance and flexibility to state and local governments for coronavirus relief funds

The issue will allow governments to use existing federal disaster recovery funds to support low- and moderate-income households for disasters occurring in 2015, 2016, 2017, 2018, and 2019 during the coronavirus outbreak. Also provided were extensions and clarification on submission deadlines for Community Development Block Grant disaster recovery (CDBG-DR). Read more

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Topics: Fair Housing, FMR, Industry News, Housing Choice Voucher, COVID-19

FAQ Friday: Flat rent annual review

Posted by Annie Stevenson on Sep 7, 2018 11:22:45 AM

Question

I’m confused about all of the flat rent changes over the past few years. Fair market rents for 2019 were just posted and I’m not sure what I’m supposed to do with them. Help, please!

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Topics: Flat Rent, FMR

HUD publishes 2019 FMRs

Posted by Annie Stevenson on Sep 5, 2018 3:35:33 PM

In a notice published Friday in the Federal Register, HUD announced that it has published fair market rents (FMRs) for federal fiscal year (FFY) 2019 (October 1, 2018 through September 30, 2019). As explained in the notice:

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Topics: Flat Rent, FMR, HOTMA, SAFMR

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