RAD Letter; CPD Monitoring Regarding Environmental Reviews; Bending the Affordable Housing Cost Curve

R & C H o u s i n g N o t i c e s N e w s l e t t e r

8th Edition: 2/17/14-2/21/14

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. HUD issued a Letter to PHAs on the RAD Waiting List, detailing the current status of the 1st component of RAD for public and Mod Rehab housing and anticipated next steps with the demonstration. [Additional resources: RAD web page]

2. HUD's Office of Community Planning and Development (CPD) has released a draft notice that outlines CPD's strategy for monitoring responsible entities that perform environmental reviews under 24 CFR Part 58. Coming shortly after the Office of the Inspector General (OIG) published its audit of environmental reviews conducted by the Boston Office of Public Housing and OIG's comments in that report about a forthcoming nationwide audit report, this appears to be another sign that HUD's scrutiny of responsible entities and their environmental reviews is likely to continue.

3. CPD also released a separate draft notice that provides guidance on conducting risk analysis of CPD grantees and programs.

4. The Urban Land Institute Terwilliger Center for Housing and Enterprise released Bending the Cost Curve on Affordable Rental Development, the culmination of a 5-city research effort that began in 2012, which identifies common drivers of affordable housing development costs and recommended actions to bend the cost curve.

H O U S I N G N O T I C E S 2/17/2014 - 2/21/2014

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	Implementing Environmental Risk Analysis for Monitoring HUD Part 58 Programs	CPD 2014-03 2014-03 To Be Issued: March 1, 2014	Provides a methodology for establishing priorities for monitoring Responsible Entities that assume HUD environmental responsibilities under 24 CFR Part 58.
	Implementing Risk Analyses for Monitoring Community Planning and Development Grant Programs in FY 2015 and 2016	CPD 2014-04 2014-04 To Be Issued: March 1, 2014	Provides a methodology for conducting risk analysis for Community Planning and Development formula and competitive grantees and establish monitoring priorities within available resources.
PIH Notices	PIH 2014-03 (HA) CORRECTION	PIH 2014-03 (HA) 2014-03 Issued: February 4, 2014	Correction to the Set-Aside Funding Availability for Project-Basing HUD-VASH Vouchers notice issued on February 4, 2014, which announced the availability of a set-aside of approximately $7 million in HUD-VASH funding that will support approximately 1,000 units of project-based voucher (PBV) assistance.
Housing Notices	No new notices
Mortgagee Letters	No new notices

Federal Register Notices
Rules and Regulations	No new notices
Proposed Rules	No new notices
Notices	30-Day Notice of Proposed Information Collection: Mortgagee's Application for Partial Settlement	PDF \| Text \| More Issued: February 18, 2014 Pages 9254 - 9255
	30-Day Notice of Proposed Information Collection: Multifamily Accelerated Processing (MAP)	PDF \| Text \| More Issued: February 18, 2014 Pages 9255 - 9255
	30-Day Notice of Proposed Information Collection: Mortgage Insurance for Cooperative and Condominium Housing	PDF \| Text \| More Issued: February 18, 2014 Pages 9255 - 9256
	60-Day Notice of Proposed Information Collection: Mortgage Record Change	PDF \| Text \| More Issued: February 18, 2014 Pages 9256 - 9256
	60-Day Notice of Proposed Information Collection: Rent Schedule-Low Rent Housing	PDF \| Text \| More Issued: February 18, 2014 Pages 9257 - 9257
	30-Day Notice of Proposed Information Collection: HUD Multifamily Energy Assessment	PDF \| Text \| More Issued: February 18, 2014 Pages 9257 - 9258
	60-Day Notice of Proposed Information Collection: Public Housing Annual Contributions Contractor and Inventory Removal Application	PDF \| Text \| More Issued: February 18, 2014 Pages 9258 - 9260
	Section 8 Housing Assistance Payments Program-Annual Adjustment Factors, Fiscal Year 2014	PDF \| Text \| More Issued: February 18, 2014 Pages 9260 - 9263

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Contact:
	Stephen I. Holmquist Member: (202) 349-2462 sholmquist@renocavanaugh.com	Julie S. McGovern Member: (202) 349-2472 jmcgovern@renocavanaugh.com
	George L. Weidenfeller Member: (202) 349-2464 gweidenfeller@renocavanaugh.com

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