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The U.S. Department of the Treasury (Treasury) has updated its guidance for unobligated dollars from the second tranche of Emergency Rental Assistance (ERA 2). Under the newly updated guidance, ERA 2 dollars that are unobligated as of October 1, 2022, can be used for the construction,...
In May, CLPHA announced that HUD released the long-awaited FSS Final Rule that made significant changes to the program, including changes to FSS escrow account requirements. Recently, HUD published additional guidance related to the establishment of the FSS escrow account, the use of forfeited FSS...
CLPHA Tells HUD that NSPIRE Isn’t Ready for Rollout, Details Members’ Concerns
CLPHA has submitted a comment letter to HUD on the proposed National Standards for the Physical Inspection of Real Estate (NSPIRE) version 2.2. Members provided feedback to...
Fulfilling expectations before the end of the month, the U.S. Senate released their version of the FY23 Transportation, Housing and Urban Development, and Related Agencies (THUD) appropriations bill on July 28. Since there is a budget impasse for overall spending levels, affecting all twelve...
CLPHA to Detail Member Concerns in Letter to HUD
CLPHA members voiced concerns about the recently proposed National Standards for the Physical Inspection of Real Estate (NSPIRE) version 2.2. in a listening session hosted by CLPHA. Several key takeaways included the implementation timeline should...
CLPHA Recommends HUD Use Commercial Data to Better Reflect Accurate Gross Rents
Recently, HUD published a Federal Register notice proposing changes to its methodology to calculate fiscal year 2023 Fair Market Rents (FMRs). Since...
CLPHA recently learned of changes in HUD’s Tenant Protection Voucher (TPV) issuance policy that creates uncertainty for Rental Assistance Demonstration (RAD) conversion transactions that rely upon the ability to project-base TPVs for converted public housing units. As of May 19, HUD’s revised its...
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Responses Due by July 29
CLPHA’s Housing Is Initiative is based on the premise that systems can better meet the needs of low-income individuals and families and improve life outcomes when they work together.
Over the last decade, our...
On June 22, the Harvard Joint Center on Housing Studies released the State of the Nation’s Housing 2022 Report. Major themes included the soaring costs of housing coupled with rising demand, and high construction levels in response.
Apartment rents were up 12%...
Today, HUD issued a press release announcing $43 million to fund 4000 new incremental vouchers available to PHAs to serve homeless households, including those at-risk of homelessness; fleeing or attempting to flee domestic violence, dating violence, sexual assault, and stalking; and...