CDFI Fund: Guidance and Final Regulations; Section 202 Direct Loan Updated Requirements; NLHA Meeting June 21st

23rd Edition: 6/3/13-6/7/13

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. Additional Guidance on the CDFI Fund Recertification Process and final regulations that modify the reinvestment requirements under the New Markets Tax Credit (NMTC) Program.

2. Housing Notice 2013-17 provides guidance on updated requirements for the prepayment and refinance of Section 202 Direct Loan projects.

3. Join us on June 21^st at the National Leased Housing Association meeting! R&C attorney N. Linda Goldstein is moderating an energy program to include "HUD's Energy Report to Congress", "A Tip: Americans' Mayors Providing Resources for Energy Efficiency", "A Briefing on Energy Savings" and a peek at "State of the Art Greening". Please click for a copy of the Meeting Agenda and Presenter Contact Information.

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	No new notices
PIH Notices	Extension: Administrative Guidance for Effective and Mandated Use of the Enterprise Income Verification (EIV) System	PIH 2013-13 (HA) Issued: June 1, 2013 Expires: August 31, 2013	This notice provides Public Housing Agencies (PHAs) with administrative guidance related to the mandated use of HUD's EIV system, as required in accordance with the new HUD regulation, 24 CFR §5.233, as issued in the Final Rule: Refinement of Income and Rent Determinations in Public and Assisted Housing Programs: Implementation of the Enterprise Income Verification System-Amendments, effective January 31, 2010, as published in the Federal Register (FR) at 74 FR 68924, on December 29, 2009.
Housing Notices	Exemption of Annual Financial Statement Submission for HUD-Assisted Properties with Section 515 Rural Rental Housing Mortgage Financing	2013-16
	Updated Requirements for Prepayment and Refinance of Section 202 Direct Loans	2013-17
Mortgagee Letters	Updated Clarification Regarding Title Approval at Conveyance	2013-18
	Partial Claim Documentation and Delivery Requirements	2013-19
Federal Register Notices
Rules and Regulations	No new notices
Proposed Rules	No new notices
Notices	No new notices

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

George L. Weidenfeller, Member: (202) 349-2464 or gweidenfeller@renocavanaugh.com

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