News on RAD, LIHTCs, NMTCs, MPR and Section 202 Preservation Rental Aid

3rd Edition: 1/14/13-1/18/13

Reno & Cavanaugh's 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. R&C releases news about the Rental Assistance Demonstration.

2. LIHTCs and NMTCs: The President signed the American Taxpayer Relief Act of 2012, H.R. 8, legislation which includes an extension of the 9 percent LIHTC floor for projects allocated by the end of 2013 and a reauthorization of the New Markets Tax Credit Program for an additional two years at $3.5 billion annually over a two-year period.

3. USDA Offers MPR Preservation Funds. Pre-applications for the Multi-Family Housing Preservation and Revitalization Demonstration Program for Sections 515 and 514/516 are due February 28. Unfunded applications from previous years will receive priority. No new Rental Assistance is available.

4. Comments sought on Section 202 Preservation Rental Aid. Comments are due March 11 on proposed 20-year Senior Preservation Rental Assistance Contracts that would prevent displacement when Section 202 properties are refinanced or recapitalized.

Here are the housing notices for this week:

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER
CPD Notices	No new notices
PIH Notices	No new notices
Housing Notices	No new notices
Mortgagee Letters	No new notices
Federal Register Notices
Rules and Regulations	Inflation Adjustment of Civil Money Penalty Amounts	PDF \| Text \| More Issued: January 18, 2013 Pages 4057-4060
	Manufactured Home Construction and Safety Standards, Test Procedures for Roof Trusses	PDF \| Text \| More Issued: January 18, 2013 Pages 4060-4070
Proposed Rules	No new notices
Notices	Notice of Proposed Information Collection for Public Comment: Annual Progress Report (APR) for the Competitive Homeless Assistance Programs	PDF \| Text \| More Issued: January 14, 2013 Pages 2684-2685
	Notice of Proposed Information Collection: Comment Request; Assisted Living Conversion Program (ALCP) for Eligible Multifamily Housing Projects and Emergency Capital Repair Program (ECRP)	PDF \| Text \| More Issued: January 18, 2013 Pages 4156-4157
	Manufactured Home Construction and Safety Standards Program	PDF \| Text \| More Issued: January 18, 2013 Pages 4157-4157
	Notice of Proposed Information Collection for Public Comment: Survey of Manufactured (Mobile) Home Placements	PDF \| Text \| More Issued: January 18, 2013 Pages 4157-4158
	Notice of Proposed Information Collection: Comment Request Rent Reform Demonstration (Task Order 1)	PDF \| Text \| More Issued: January 18, 2013 Pages 4158-4159
	Notice of Proposed Information Collection: Comment Request; Direct Endorsement Underwriter/HUD Reviewer-Analysis of Appraisal Report	PDF \| Text \| More Issued: January 18, 2013 Pages 4159-4160

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

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