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Community development and housing news: April 26, 2021

Posted by NMA on Apr 26, 2021 7:15:00 AM

HUD posted an updated version of the HCV Two-Year Projection Tool, HUD Multifamily announced the third notice of CARES Act Supplemental Operating Funds, and HUD removed onerous restrictions that limited Puerto Rico's access to Disaster Relief Funds.

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HUD posted an updated version of the HCV Two-Year Projection Tool

The Two-Year Tool (TYT) helps analyze a PHA's utilization situation so agencies are more informed to optimize over a multi-year period. Read more

 

HUD Multifamily announced the third notice of CARES Act Supplemental Operating Funds for Section 8, Section 202, and Section 811

On April 13, 2021, HUD's Office of Multifamily Housing Programs posted Notice H 2021-01 which announced the continued availability of “COVID-19 Supplemental Payments” (CSP) for Section 8, Section 202, and Section 811 properties. Read more

 

HUD removed onerous restrictions that impacted Puerto Rico's access to Disaster Relief Funds

On April 19, 2021, HUD announced the obligation of $8.2 billion in Community Development Block Grant Mitigation (CDBG-MIT) funds for Puerto Rico along with the removal of onerous restrictions that limited access to CDBG-DR recovery funds. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: April 13, 2021

Posted by NMA on Apr 13, 2021 11:37:01 AM

HUD released FY21 Income Limits, RAD office issued brief Section 3 guidance for PHAs converting Public Housing under RAD, and HUD allocated nearly $700 million through Housing Trust Fund for affordable housing.

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HUD released FY21 Income Limits

Used to determine eligibility for assisted housing programs including public housing, Section 8 project-based rental assistance, Housing Choice Vouchers, and other special-needs housing programs, this query tool allows users to obtain the income limits for their area. Read more

 

HUD’s RAD office issued brief Section 3 guidance for PHAs converting Public Housing under RAD

The two-page document provides guidance on how the new Section 3 regulations apply to RAD conversions of public housing to Project-Based Vouchers (PBVs) or Project-Based Rental Assistance (PBRA). The new final Section 3 rule and how it applies in RAD conversions will be provided by HUD on April 20, 2021. Read more

 

HUD allocated nearly $700 million through Housing Trust Fund for affordable housing

The funds will produce more affordable housing for extremely low- and very low-income households, including families experiencing homelessness. This year’s allocation increased from last year's allocation by around $365 million. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: March 29, 2021

Posted by NMA on Mar 29, 2021 3:27:06 PM

HUD released the 2020 Annual Homeless Assessment Report Part 1, The U.S. Department of the Treasury released a revised Emergency Rental Assistance (ERA) FAQ document, HUD Exchange posted 6 HOME Reports, and more.

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HUD released the 2020 Annual Homeless Assessment Report Part 1

Key findings include a 2.2% rise from 2019 in people experiencing homelessness on a single night, veteran homelessness did not decrease in 2020, youth homelessness saw a 2.2% decrease from 2019, African Americans and indigenous people (including Native Americans and Pacific Islanders) were considerably overrepresented among the homeless population, and 23% of all people experiencing homelessness were Hispanic or Latino. Read more

 

The U.S. Department of the Treasury released a revised Emergency Rental Assistance (ERA) FAQ document

Revised on March 16, 2021, the updated document includes guidance on the following topics, rental security deposits, hotel and motel stays, rent-to-own agreements, and manufactured housing. Read more

 

HUD Exchange posted six HOME Reports

The reports include Post 2011 HOME Activities Reports, Post 2011 HOME Homebuyer Activities Report, HOME PJs Open Activities Reports, HOME PJs Vacant Units Reports, HOME Grant Specific Commitment and Disbursement Summary Report, and HOME Deadline Compliance Status Reports. Additional reports are available on the HOME Program Page. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: March 15, 2021

Posted by NMA on Mar 15, 2021 12:13:38 PM

HUD awarded more than $652 million to Native American communities, Marcia Fudge was sworn in as Secretary of HUD, data on housing credit tenant characteristics was published on March 2.

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HUD awarded more than $652 million to Native American communities to support the development and operation of low-income housing

More than 600 tribes and villages received funding for affordable housing activities, such as housing development, crime prevention and safety, and housing services to eligible families and individuals. Read more

 

Marcia Fudge was sworn in as Secretary of Housing and Urban Development

On Wednesday, March 10, Marcia Fudge was officially sworn in as secretary. In a video remark, Fudge stated, "I am proud to join a group of public servants who work with compassion and determination to change the lives of those in need. And I can’t wait to get started." Read more

 

HUD published data on housing credit tenant characteristics

The document covers demographic data on tenants living in Housing Credit properties and is collected annually from state Housing Credit allocating agencies. The data includes details on tenant race, ethnicity, family composition, age, income, use of rental assistance, disability status, and monthly rent burden. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

Community development and housing news: March 1, 2021

Posted by NMA on Mar 1, 2021 1:14:12 PM

U.S. Department of the Treasury posts FAQs for Emergency Rental Assistance Program, HUD Exchange offers Moving On webinar series, HUD awards $2.7 billion to public housing authorities to modernize housing, and more.

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U.S. Department of the Treasury posted FAQs regarding the Emergency Rental Assistance Program (ERAP)

On February 22, The Treasury posted a revised version of its Emergency Rental Assistance FAQ. The eight-page document provides guidance on the requirements of the Emergency Rental Assistance Program. Read more

 

Moving On Webinar Series

This webinar series introduces resources for implementing Moving On strategies and programs to help permanent supportive housing (PSH) tenants who wish to move on but still require rental assistance to maintain their housing. Read more

 

HUD awarded $2.7 billion to public housing authorities to modernize housing for families and seniors

The grants are provided through HUD's Capital Fund Program. Housing authorities can use the funds to complete large-scale improvements to build, renovate, and/or modernize the public housing in their area. Read more

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Topics: Fair Housing, Industry News, Housing Choice Voucher

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