All News

Wednesday, October 6, 2021

The U.S. Department of Housing and Urban Development (HUD), the Office of the Assistant Secretary of Public and Indian Housing, and the Office of the Assistant Secretary for Housing-Federal Housing Commissioner will issue in Thursday’s Federal Register an interim final rule extending the time period housing providers give tenants facing eviction for nonpayment of rent due to complications arising from the COVID-19 pandemic for project-based rental assistance (PBRA) programs. The rule extends the lease termination period for such tenants to at least 30 days following notification for those using Section 8, Section 8 Moderate Rehabilitation, Section 202/162 Project Assistance Contract, Section 202 Project Rental Assistance Contract (PRAC), Section 811 PRAC, Section 236 Rental Housing Assistance Program and Rent Supplement. 

Monday, October 4, 2021

The U.S. Department of the Treasury today posted official guidance on how it will reallocate funds under the first Emergency Rental Assistance program (ERA1). Treasury’s guidance addresses the $25 billion initially allocated to states, the District of Columbia, U.S. territories, tribal governments, tribally designated housing entities, the Department of Hawaiian Homelands and units of local government.

Friday, October 1, 2021

The U.S. Department of Housing and Urban Development (HUD) will publish in Monday’s Federal Register a notice establishing the operating cost adjustment factors (OCAFs) for 2022 for Section 8 project-based assistance contracts renewed under Section 515 or Section 524 of the Multifamily Assisted Housing Reform and Affordability Act of 1997. The OCAFs are applicable to eligible projects having an anniversary date of Feb.

Thursday, September 23, 2021

The Decent, Affordable, Safe Housing for All (DASH) Act was introduced today by Senate Finance Committee Chair Sen. Ron Wyden, D-Oregon.

Thursday, September 16, 2021

The U.S. Department of Housing and Urban Development (HUD) Office of Multifamily Housing published Notice H 2021-05 Thursday opening the application period for supplemental funding due to the COVID-19 pandemic for properties receiving assistance as part of the Section 8, Section 202 or Section 811 programs.

Tuesday, September 14, 2021

The U.S. Department of Housing and Urban Development (HUD) issued a notice Monday updating flat rent submission requirements.

Tuesday, September 14, 2021

The U.S. House of Representatives Financial Services Committee today voted to approve legislation that drives $322 billion to housing and community development resources.

Tuesday, September 14, 2021

The U.S. Census Bureau today released its 2021 Current Population Survey Annual Social and Economic Supplement (CPS ASEC) report. The report indicated that, between 2019 and 2020, real median household income decreased 2.9% to $67,521 and the total number of people with earnings decreased by about 3 million. The number of those who worked full-time, year-round decreased by approximately 13.7 million. The real median earnings of all workers decreased 1.2%, while the real median earnings of those who worked full-time, year-round increased 6.9% between 2019 and 2020. The poverty rate increased for the first time after five consecutive annual declines, reaching 11.4% in 2020, up almost a full percentage point from 10.5% in 2019.

Thursday, September 9, 2021

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register establishing a process by which units under Section 8 housing assistance payment contract originally executed under the Rental Assistance Demonstration (RAD) program can be replaced if they are unavailable for occupancy due to a natural disaster or other causes. 

Wednesday, September 8, 2021

Rep. Maxine Waters, D-California, introduced legislation Tuesday to alter the Emergency Rental Assistance (ERA) program. H.R. 5196, Expediting Assistance to Renters and Landlords Act of 2021, aims to expedite the processing of applications so ERA grantees can hasten the delivery of assistance. Changes include expanding eligibility criteria to cover hardships that happened during the pandemic; codifying that tenants are allowed to identify themselves as eligible; and extended the time period during which a household may receive either ERA 1 or ERA 2 assistance.

Friday, August 27, 2021

The U.S. Supreme Court ended the Centers for Disease Control and Prevention’s (CDC’s) eviction moratorium Thursday, ruling that Congress must specifically authorize any extension of the moratorium. The unsigned ruling in Alabama Association of Realtors vs. Department of Health and Human Services came in a 6-3 decision. The CDC instituted the original eviction moratorium in September 2020 in reaction to the COVID-19 pandemic. The moratorium received multiple extensions, the most recent on Aug. 3 by President Joe Biden’s administration.

Wednesday, August 25, 2021

The U.S. Department of the Treasury today announced seven additional policies to encourage the delivery of Emergency Rental Assistance (ERA) to eligible households. The latest Treasury data shows that about 1 million ERA payments were made by the end of July, boosting the total of payments to more than $5.1 billion of the $25 billion allocated under the first round of ERA. However, the Treasury announcement said, “too many grantees have yet to demonstrate sufficient progress in getting assistance to struggling tenants and landlord,” and provided new guidance. 

Tuesday, August 24, 2021

The House of Representatives approved the fiscal year 2022 budget resolution Tuesday, unlocking forthcoming $3.5 trillion reconciliation legislation that will likely include a significant expansion of the low-income housing tax credit (LIHTC), creation of the neighborhood homes tax credit (NHTC) to incentivize the development and rehabilitate single-family housing in distressed neighborhoods and more funding for a wide variety of U.S. Department of Housing and Urban Development (HUD) programs. In addition to these resources, the forthcoming reconciliation legislation possibly could include the creation of the middle-income housing tax credit (MIHTC) to serve renters earning just above LIHTC income limits and expansion and enhancement for the federal historic tax credit (HTC), permanence and expansion of new markets tax credit (NMTC), extension and substantial expansion of renewable and clean energy tax credits

Wednesday, August 18, 2021

The Federal Housing Finance Agency (FHFA) today issued a proposed rule with housing goals for Fannie Mae and Freddie Mac for 2022-2024 that include an increase in mortgage purchases of low-income multifamily properties.

Thursday, August 5, 2021

The U.S. Department of Housing and Urban Development (HUD) will publish in Friday’s Federal Register a notice of fiscal year 2022 (FY 22) fair market rents (FMRs) for the Housing Choice Voucher program, Moderate Rehabilitation Single-Occupancy program and other HUD programs. The notice provides a description of FMR methodology, lists area definition changes and provides information on FMR re-evaluations. HUD provides an FMR schedule for metropolitan and non-metropolitan areas and for small areas. Comments on the notice are due Sept. 30 and the FMRs are effective Oct. 1.

Friday, July 16, 2021

Rep. Maxine Waters, D-California, and several colleagues in the House of Representatives today introduced three bills that would represent a historic investment in housing, urging that the legislation be included in a budget reconciliation bill that may be considered by Congress.

Thursday, July 1, 2021

The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Friday’s Federal Register extending the period by 180 days for which certain 2019 and 2020 qualified census tracts (QCTs) and difficult development areas (DDAs) are effective for purposes of the low-income housing tax credit (LIHTC). 

Thursday, June 24, 2021

The U.S. Department of Housing and Urban Development (HUD) will publish in Friday’s Federal Register a proposed rule reinstating its previous rule on disparate impact’s role in the Fair Housing Act. The proposal would reinstate the 2013 rule that allowed evidence of discriminatory effects–including acts that were seemingly neutral, but had unequal effects–to be considered discrimination. HUD published a notice of proposed rulemaking in 2019 that would have weakened the ability to prove discrimination through disparate impact. 

Thursday, June 24, 2021

The U.S. Center for Disease Control and Prevention (CDC) today announced an extension of its COVID-19-related federal eviction moratorium through July 31. The extension, which was scheduled to end June 30, allows time to prevent a wave of evictions and extends the period for state and local governments to distribute emergency rental assistance.

Thursday, June 24, 2021

The U.S. Department of the Treasury today released an updated frequently asked questions (FAQs) document and fact sheet to support the rapid deployment of Emergency Rental Assistance (ERA) aid by states, territories, localities and tribal governments. The updated FAQs strongly encourage partnerships with courts to prevent evictions and develop eviction-diversion programs, emphasize helping families experiencing homelessness gain access to assistance, remove language and cultural barriers in securing ERA and more.