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Community Development and Housing News: October 25, 2021

Posted by NMA on Oct 25, 2021 8:30:00 AM

HUD publishes 2021 limits for HOME, Notice PIH 2021-29 offers language for informing tenants of emergency rental assistance, a study reports positive tenant experiences with RAD, and more.

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HUD Publishes New 2021 Limits for HOME Maximum Per-Unit Subsidies

HUD has adjusted the basic statutory mortgage limits for Multifamily Housing Programs for 2021. These limits are effective for the HOME Program from September 9 until HUD publishes the basic statutory limits for 2022 in the Federal Register. Read article

 

Notice PIH 2021-29 Provides Supplemental Guidance to the Interim Final Rule “Extension of Time and Required Disclosures for Notification of Nonpayment of Rent”

Following up on the recent requirement that HUD-subsidized properties provide 30 days’ notice with information about emergency rental assistance before evicting tenants for nonpayment of rent, HUD has provided further information for multifamily and public housing programs, as well as sample language for informing tenants of their rental assistance options. Read article

 

Study Examines Impact of HUD’s Rental Assistance Demonstration on Tenants

An article in Cityscape examines short-term tenant outcomes in HUD’s RAD program, finding that overall, tenants reported either a positive or neutral experience and were generally satisfied with PHA communication and management. The National Low Income Housing Coalition summarizes the study’s findings. Read article

 

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Topics: Final Rule, HOME, PBRA, PIH notices, RAD, Industry News, Multifamily, Emergency Rental Assistance, COVID-19

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, RAD, ROSS, Industry News, Housing Choice Voucher

Multifamily Alert: New RAD PBRA notices

Posted by Reneé McTyeire on Aug 8, 2018 10:06:28 AM

Rental Assistance Demonstration: Implementation of Certain Fiscal Year (FY) 2018 Appropriations Act Provisions (FRN 6105-N-01)

This notice establishes rules for which FY rent levels are used as well as deadlines for submission of completed RAD applications. It notes that the RAD application has been significantly simplified, and highlights changes in multi-phase deadlines, the ability to withdraw and reapply for RAD to receive more current rent levels, and RAD second component changes.

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Topics: PBRA, RAD, Seniors and Elderly, Knowledge Base

HUD Publishes Two RAD Notices, Schedules Q&A

Posted by Annie Stevenson on Jul 12, 2018 10:37:17 AM

Last week HUD’s Office of Public and Indian Housing (PIH) published two Federal Register notices concerning the Rental Assistance Demonstration (RAD) program. Both notices implement program changes under the fiscal year (FY) 2018 appropriations act.

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Topics: PIH notices, Q&A, RAD, Industry News

2017 NMA Master Book updates

Posted by NMA on Sep 19, 2017 5:09:00 AM

master-book-updates.jpgNMA's revision services team has been working hard to get the latest editions of our Master Books written, published, and out to you! These books have been brought current with all recent regulatory updates, including HOTMA, VAWA 2013, and more. 

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Topics: Books and Revision Services, FSS, HOTMA, Public Housing Management, RAD, UPCS, VAWA

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