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Project-Based Vouchers (PBVs) were under contract to subsidize over 300,000 housing units in 2022. With over 60% of all medium and large PHAs operating a PBV program, and more than 1 out of every 9 households receiving voucher subsidies living in a PBV unit, the PBV program has grown rapidly and...
From Tracey Scott's op-ed in the Chicago Tribune:
Amid unprecedented congressional uncertainty and unfinished business regarding a 2024 budget, federal support for affordable housing is urgently needed in Chicago.
While the House narrowly avoided shutting down the federal government last month,...
HUD has updated the guidance for Community Development Block Grant (CDBG) to allow funding of a wider range of housing-related activities. These include acquisition, adaptive reuse, rehabilitation, reconstruction, housing counseling, and fair housing planning activities. Manufactured...
Today, the final rule on Community Reinvestment Act (CRA) regulations was released by the Federal Reserve, Office of Comptroller of the Currency (OCC), and Federal Deposit Insurance Corporation (FDIC). The Federal Reserve also released an accompanying fact sheet...
CLPHA and Reno & Cavanaugh PLLC submitted comments to the Department of Justice’s (DOJ) Notice of Proposed Rulemaking on the Accessibility of Web Information and Services of State and Local Government Entities (“Web Accessibility NPRM”). The proposed...
PIH Notice 2023-29 provides a streamlined submission and review process for regulatory waivers for payment standards up to 120 percent of the Fair Market Rent or Small Area Fair Market Rent (SAFMR) through December 31, 2024, as well as for increasing the payment standard during the HAP...
PIH Notice 2023-31 explains the process for a second revocation and reallocation of Emergency Housing Voucher (EHV) awards for Calendar Year 2024 for PHAs that have 10 or more available EHVs with less than 75% EHV utilization. HUD’s initial revocation of EHV awards targeted PHAs with...
HUD recently published PIH Notice 2023-28, which finalizes the administrative procedures for NSPIRE-V for the HCV, PBV, and Mod Rehab programs. The NSPIRE Administrative Procedures Notice for Public Housing and Multifamily Programs was previously published in PIH Notice 2023-16/...
HUD Funding to Continue at FY23 Levels
On Saturday, September 30, Congress averted a federal government shutdown by passing a Continuing Resolution that funded the government on a short-term basis until November 17. HUD will continue to operate under FY 2023 appropriation levels.
During this 45-...
This morning, HUD published the long-awaited implementation guidance for Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA). As CLPHA previously reported, the HOTMA final rule revised regulations related to income and assets. To comply...