R&C Housing Notices Newsletter

2012 Housing Notices Newsletter

Welcome to the Reno & Cavanaugh Housing Notices Newsletter!

28th Edition: 7/9/12-7/13/12

The Reno & Cavanaugh Housing Notices Newsletter contains weekly notices, proposed rules and relevant information on HUD policy and regulations. For more information, please visit www.renocavanaugh.com and R&C's Housing Policy Group's webpage.

News of Note:

1. According to Mortgagee Letter 2012-13, the temporary authority for multifamily hubs (established by Mortgagee Letter 2011-13) to process waiver requests pertaining to the Three-Year Rule for Section 223(f) refinancing or acquisition of affordable multifamily rental housing has been extended for a 1-year period for refinancing or acquisition of affordable multifamily rental housing but not for market-rate properties.

2. Mixed-Finance Training! Join us in San Francisco July 27^th and 28^th for "Beyond the Basics: Mixed-Finance Development for Public Housing Authorities", an informational session led by Sarah Molseed in conjunction with the NAHRO Summer Conference (July 29^th-31^st). For a description of the event and to register, please click here.

Here are the housing notices for this week:

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	Closeout Instructions for Homelessness Prevention and Rapid Re-Housing Program (HPRP) Grants	2012-13
PIH Notices	Assisted housing for persons with disabilities under Olmstead implementation efforts to provide community-based options rather than institutional settings	PIH 2012-31 (HA) Issued: June 29, 2012 Expires: This notice remains in effect until amended, superseded or rescinded	This guidance to public housing agencies (PHAs) describes actions PHAs may take to assist persons with disabilities transitioning from institutions and persons at serious risk of institutionalization access PHA-assisted housing.
Housing Notices	Extension of Temporary Authority for Multifamily Hubs to Process Waiver Requests Pertaining to the Three-Year Rule for Section 223(f) Refinancing or Acquisition of Affordable Multifamily Rental Housing	2012-12
Mortgagee Letters	Extension of Temporary Authority for Multifamily Hubs to Process Waiver Requests Pertaining to the Three-Year Rule for Section 223(f) Refinancing or Acquisition of Affordable Multifamily Rental Housing	2012-13
Federal Register Notices
Rules and Regulations	No new notices
Proposed Rules	Federal Housing Administration (FHA) Section 232 Healthcare Mortgage Insurance Program: Partial Payment of Claims	PDF \| Text \| More Issued: July 9, 2012 Pages 40310-40314
Notices	HUD's Fiscal Year (FY) 2012 Transformation Initiative: Natural Experiments Research Grant Program, Cancellation	PDF \| Text \| More Issued: July 10, 2012 Pages 40628-40628
	Announcement of Funding Awards for the Self-Help Homeownership Opportunity Program (SHOP) for Fiscal Year 2012	PDF \| Text \| More Issued: July 11, 2012 Pages 40892-40893
	Notice of Proposed Information Collection: Comment Request; Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary	PDF \| Text \| More Issued: July 12, 2012 Pages 41197-41198
	Announcement of Funding Awards; Fair Housing Initiatives Program Fiscal Year 2012	PDF \| Text \| More Issued: July 13, 2012 Pages 41436-41441

For more information about the attorneys at Reno & Cavanaugh, please follow this link.

Contact: Stephen I. Holmquist, Member: (202) 349-2462 or sholmquist@renocavanaugh.com

Julie S. McGovern, Member: (202) 349-2472 or jmcgovern@renocavanaugh.com

Compiled by Reno & Cavanaugh, PLLC. This newsletter is intended for informational purposes only and should not be viewed as specific legal advice. The sources cited above include safe, tested links that lead to external, separate websites. By sending these links in the newsletter, Reno & Cavanaugh does not claim any affiliation with or opinion of the external websites or the content there within. Except for your personal use (such as forwarding this newsletter), the contents of this newsletter may not be reproduced, transmitted, or distributed without the express written consent of Reno & Cavanaugh. If you have questions about the newsletter or would like to subscribe, please email inquiry@renocavanaugh.com or click "Subscribe" below.