Recent News

Monday, November 4, 2019

The U.S. Department of Housing and Urban Development (HUD) today released a frequently asked questions document explaining how certain public housing conversions in opportunity zones under the Rental Assistance Demonstration program are eligible for increased contract rents.

Friday, November 1, 2019

The U.S. Department of Housing and Urban Development (HUD) will publish in Monday’s Federal Register a notice seeking comment on its collection of information for the Public Housing Capital Fund program.

Friday, October 25, 2019

Sen. Cory Booker, D-N.J., and Rep. James Clyburn, D-S.C., introduced companion legislation this week that would create a refundable tax credit for rent-burdened taxpayers and would require states that receive major federal grants to create an inclusive zoning strategy. The Housing, Opportunity, Mobility and Equality (HOME) Act, S. 2684 and H.R.

Tuesday, October 22, 2019

The U.S. Department of Housing and Urban Development’s (HUD’s) Office of Policy Development and Research today published its final report, Evaluation of HUD’s Rental Assistance Demonstration (RAD), a 239-page document that discusses the post-conversion experience with RAD, the physical condition of properties, how renovated properties perform financially and the effect on tenants.

Tuesday, October 22, 2019

The U.S. Department of Housing and Urban Development (HUD) today announced that the Real Estate Assessment Center will not adopt the Accounting Standards Update 2016-18 on restricted cash in its financial templates. The decision creates a difference in how financial statements are presented under generally accepted accounting principles and in HUD-based financial statements.

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