Breaking News….MORs Have Been Reinstated
Breaking News...MORs Have Been Reinstated On January 6, 2016, PMCS issued an article about HUD’s consideration of a proposal to permit PBCA staff in 42 states to resume conducting Management and Occu ...
March 31, 2016 in Contract Renewals and Rent Increases, Handbooks/Notices/Guides, HUD Notices, Preservation, Section 8
Updated FAQ Published Regarding Transfer of Budget Authority Under Section 8 (bb)(1)
Updated FAQ Published Regarding Transfer of Budget Authority Under Section 8 (bb)(1) In an effort to preserve affordable housing nationwide, HUD now offers an alternative option to owners of Project- ...
January 28, 2016 in Breaking News, Funding/Grants, Resident Relations/Services, Section 202, Section 8
HUD Released NOFA for Supportive Services Demonstration for Elderly Households in HUD Multifamily Properties
HUD Released NOFA for Supportive Services Demonstration for Elderly Households in HUD Multifamily Properties Do you own or manage a Section 202, Section 8, or Section 515/8 property with at least 50 ...
January 28, 2016 in Certs/ 50059s (Including income/assets/expenses), HUD Notices, RHIIP Listserv, TC (Tax Credit), Tenant Income
HUD Passbook Savings Rate Will Remain at .06% for 2016
HUD Passbook Savings Rate Will Remain at .06% for 2016 On January 19, 2016, HUD issued Housing Notice 2016-01 “Passbook Savings Rate Effective February 1, 2016” to notify the industry that the passb ...
January 6, 2016 in Breaking News, Contract Administrators (PBCA/TCA), HUD Initiatives, MORs, PBCA Update, Section 8
The Reinstatement of MORs in 42 PBCA Contested States
The Reinstatement of MORs in 42 PBCA Contested States Via a letter issued to Performance-Based Contract Administrators (PBCAs) last month, HUD leadership indicated they are considering a proposal to ...
November 24, 2015 in Breaking News, Contract Renewals and Rent Increases, Handbooks/Notices/Guides, HUD Guidance, Q&A, RHIIP Listserv, Section 8
HUD Publishes Section 8 Renewal Guide FAQs
HUD Publishes Section 8 Renewal Guide FAQs HUD has released a list of Frequently Asked Questions (FAQs) (RHIIP ListServ #338) they received in response to the new Section 8 Renewal Policy Guide. The ...
New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration
New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration On July 23, 2015, the Government Accountability Office (GAO) released a report that foc ...
June 23, 2015 in Breaking News, Contract Renewals and Rent Increases, Funding/Grants, PRAC (Project Rental Assistance Contract), Residual Receipts
HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts
HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts On June 19, 2015, HUD issued a memorandum that impacts owners of Section 202 and 811 PRAC properties maintaining residual receipt acc ...
June 16, 2015 in Breaking News, Contract Administrators (PBCA/TCA), HUD Notices, PIH (Public and Indian Housing), Preservation, RAD (Rental Assistance Demonstration), RAP (Rental Assistance Program), Rent Sup (Rent Supplement)
HUD Issues a Revised RAD Notice
HUD Issues Notice PIH-2012-32 (HA), REV-2-Rental Assistance Demonstration-Final Implementation, Revision 2 On June 15, 2015, HUD issued a revised Notice that provides program instructions for the Ren ...
HUD Issues memo regarding occupancy protections for households in properties layered with HUD subsidy and Low-Income Housing Tax Credits
HUD Issues memo regarding occupancy protections for households in properties layered with HUD subsidy and Low-Income Housing Tax Credits On January 12, 2015, HUD issued a memo titled “Occupancy Pro ...