Recent News

Monday, March 27, 2023

The U.S. Department of Housing and Urban Development (HUD) today published updated guidance for the Section 8 project-based rental assistance (PRBA) program. The updates–part of Chapter 9 of HUD’s Section 8 Renewal Policy Guidebook–are designed to make it easier for owners to prepare and submit rent comparability studies that help establish contract rents. The updates revise options for owners seeking to renew their contracts without a rent comparability study (when eligible) to reduce administrative and processing costs; enhance consistency in valuing non-shelter services to better supporter properties with services to residents; and allow internet and broadband services to be considered eligible non-shelter services for valuation purposes.

Monday, March 27, 2023

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Tuesday’s Federal Register requesting public review and comment on a proposed scoring and ranking methodology for the National Standards for the Physical Inspection of Real Estate (NSPIRE) proposed rule published in 2021. The methodology will be implemented when the final NSPIRE rule is published and converts reviews into a numerical score while setting a thresholds for a failure of an inspection and when an enforcement referral is automatic or required. Comments are due April 27 and can be submitted at [email protected]

Wednesday, March 22, 2023

The U.S. Department of Housing and Urban Development released a draft of a notice to provide clarification for Section 8 Project-Based Rental Assistance (PBRA) Housing Assistance Payment (HAP) contract bifurcations. The notice addresses issues that arise when a single HAP contract is divided into two or more contracts following HUD approval. The notice proposes to establish clear standards for HUD approval of such requests and steps for approval.

Friday, March 17, 2023

The U.S Department of Housing and Urban Development (HUD) released a memorandum describing changes made by the Violence Against Women Reauthorization Act of 2022, which took effect Oct. 1, 2022. The memo describes changes effective Oct. 1, 2022–including expanded definitions and the addition of the HUD Section 202 Direct Loan program to the list of covered programs. The memo also describes provisions enacted but not implemented, as well as additional information being sought.

Friday, March 10, 2023

A notice to be published in Monday’s Federal Register by the U.S. Department of Housing and Urban Development (HUD) provides updated guidelines and requirements for project-based voucher (PBV) subsidy layering reviews (SLRs) and requirements for mixed-finance projects. The notice also expands the delegation of SLRs to housing credit agencies in cases where the PBV assistance is combined with other government assistance. Previously, that delegation was only required in cases that involved the low-income housing tax credit (LIHTC), with HUD required to complete the other SLR cases.

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