PBCA Update
Our last update on contract administrators was that HUD Secretary Shaun Donovan announced that he would be asking Congress to allow HUD to bypass the bid process completely and simply award contract a ...
Planned Cabinet Reshuffle Includes HUD
A May 18, 2014 New York Times article, San Antonio Mayor Julián Castro Is Said to Be HUD Pick in Cabinet Reshuffling, announced that President Obama plans to nominate San Antonio, Texas Mayor Julian C ...
Updated (and New) Section 8 Forms Released for Contract Renewals
HUD has updated the OMB expiration date on the forms in the Section 8 Renewal Guide. A few new forms have been issued as well. These new/updated forms should be used for all renewals submitted after M ...
Los Angeles Multifamily Asset Management
The Los Angeles, CA HUD office has had major staffing changes that have created unmanageable portfolio imbalances. To work out these issues, the Los Angeles Multifamily Asset Management staff will STO ...
TRACS 202.D – Coming Soon!
TRACS 202.D has been “on hold”, waiting for the OMB (Office of Management and Budget) to approve the new 50059, 50059A and Voucher forms. On May 8, 2014 HUD’s Office of General Counsel notified the TR ...
Q&A: What do Live-In Aides Sign?
Question: I have a couple of tenants with Live-In Aides. Are they supposed to sign the lease, or just the Live-In Aide addendum? Do they have to sign the 50059s? Betsy in Florida
Q&A: Can’t Print Cyber-Awareness Certificate?
Question: I took the CyberAwareness course twice, and I couldn’t print out my certificate either time! All I got was a black screen. What can I do? ~ Amy in New York
HUD Improves Tax Credit Pilot Program
HUD’s Low Income Housing Tax Credit (LIHTC) Pilot Program, which started in 2012, is designed to attract multifamily borrowers to FHA’s low rates and very good terms, increasing its inventory of affor ...
HUD’s MultiFamily Transformation Update
On Friday May 2, 2014 HUD hosted a stakeholder conference call regarding its Multifamily for Tomorrow (MFT) Transformation. Multifamily Deputy Assistant Secretary Ben Metcalf and other HUD staff parti ...
Section 8 Renewals – Submit Comments by May 14
HUD has extended the comment period for the Revised Section 8 Renewal Policy Guide - you now have until May 14, 2014 to submit your ideas.