The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register proposing a collection of information for rental households and rental housing stock in areas that receive Community Development Block Grant–Disaster Recovery (CDBG-DR) grants.
The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Thursday’s Federal Register delaying the compliance date for the National Standards for the Physical Inspection of Real Estate (NSPIRE) final rule until Oct. 1, 2024, which is a year later than originally planned. The notice says HUD is taking this action to allow public housing authorities (PHAs) additional time to implement the NSPIRE standards, which were part of the Economic Growth Regulatory Relief and Consumer Protection Act. That provides more time to train staff, communicate with landlords and for HUD to provide additional technical resources. HUD previously announced a similar delay for select programs. PHAs that wish to continue using Housing Quality Standards for inspections after Oct. 1, 2023, must notify HUD of their intent and the date on which they plan to transition to NSPIRE, which can be no later than Oct. 1, 2024.
The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register seeking comments on a proposal to reinstate the collection of Rental Assistance Demonstration (RAD) program application forms. HUD’s request seeks feedback that includes ways to enhance the quality, utility and clarity of the information collected. Comments are due Nov. 21.
The U.S. Department of Housing and Urban Development (HUD) published a notice in today’s Federal Register designating 2024 difficult development areas (DDAs) and qualified census tracts (QCTs) for purposes of the low-income housing tax credit (LIHTC). LIHTC properties built in a QCT or DDA are eligible to increase their eligible basis by up to 30%. The notice designates DDAs for all states, the District of Columbia and four major U.S. territories (Guam, the Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands). QCTs are based on income and poverty data released in the American Community Survey. The 2023 DDAs and QCTs are effective for LIHTC allocations made after Dec. 31, 2023, or for buildings financed by tax-exempt bonds that are placed in service after Dec. 31, 2023.
The U.S. Department of Housing and Urban Development (HUD) announced today it will extend the compliance date to Oct. 1, 2024, for the National Standards for the Physical Inspection of Real Estate (NSPIRE) for select programs.
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