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Earlier this month, HUD announced 27 temporary regulatory and administrative waivers directed at increasing the speed of recovery efforts for communities still dealing with the impact of Hurricane Ida. This new collection of waivers are associated with several Community Planning and...
On September 10, 2021, the House Financial Services Committee (HFSC) held a virtual hearing entitled “Protecting Renters During the Pandemic: Reviewing Reforms to Expedite Emergency Rental Assistance.” After months of criticism from policymakers and housing advocates, and in the wake of the...
For those applicants located in presidentially declared disaster areas, HUD is extending the deadline for the FY21 Resident Opportunity and Self-Sufficiency (ROSS) Notice of Funding Opportunity (NOFO) to October 1, 2021. Published in July, the FY21...
This week, HUD released new guidance on flat rent requirements for PHAs operating public housing programs. Notice PIH 2021-27, published on September 13, 2021, supersedes and replaces the previously published Notice PIH 2017-23 by clarifying HUD’s interpretation of the...
Late yesterday, the House Financial Services Committee passed legislation to be included in the FY22 budget reconciliation bill that would invest $322 billion in affordable housing, including $80 billion for recapitalizing the public housing portfolio, a key CLPHA priority. The committee also...
After having recently announced its first round of awards for the FY21 Lead Hazard Reduction grant program, HUD is now making additional funds available through a second round of grants. Eligible state and local governments may apply for up to $3-5 million for lead work, plus up to $400,000 or $700...
With release of the legislative text and details of the spending proposals from the House Financial Services Committee on September 9, public housing is slated to receive the largest amount of funding authorized among housing programs in the expected budget reconciliation...
CLPHA previously reported that HUD issued Notice PIH 2021-25 entitled Emergency Housing Vouchers – Voucher Management System and Financial Data Schedule Reporting Requirements, which updates operating requirements described in Notice PIH 2021-20 and outlines...
Recently, HUD issued PIH Notice 2021-26 entitled Foster Youth to Independence Initiative, describing the process to allocate $10 million for new incremental vouchers made available under The Consolidated Appropriations Act, 2021 (Public Law 116-260). Under this notice, public housing...
Fannie Mae and Freddie Mac’s Investment Cap for LIHTC Nearly Doubled to $1.7 Billion
Today, as a part of the Build Back Better agenda, the Biden administration announced major steps to increase and preserve the nation’s affordable housing stock by approximately 100,000 homes...