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Unprecedented “Laddered” Approach Will Fund Government for Different Periods of Time
On November 16, 2023, President Joe Biden signed H.R. 6363, the “Further Continuing Appropriations and Other Extensions Act,”...
HUD recently announced that it will require an additional 41 metropolitan areas to use Small Area Fair Market Rents (SAFMRs). HUD has shared a list of every PHA that will be required to implement SAFMRs. In total, 271 PHAs will be required to implement SAFMRs; 28 of which are...
Unprecedented “Laddered” Approach Seeks to Fund Government for Different Periods of Time
On November 14, 2023, the U.S. House of Representatives passed H.R. 6363, the “Further Continuing Appropriations and Other Extensions Act,” by a bipartisan vote of 336-95 to continue funding the government as...
CLPHA previously announced that HUD published the long-awaited implementation guidance for Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) which specifically address income and assets calculations, rent calculation, and program eligibility. Recently, HUD...
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...