Revised Section 8 Renewal Policy Comments; HUD Budget Documents; CLPHA Budget Reports; HANO in WSJ

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

10th Edition: 3/3/14-3/7/14

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. Public Comments: Revised Section 8 Renewal Policy Guide. HUD posted guidance for renewing expiring Section 8 contracts in the draft revised Section 8 Renewal Policy Guide. Public comments that identify the section number, page, and paragraph number are due April 30, 2014.

2. HUD released documents related to the Proposed HUD FY15 Budget:

HUD Secretary Shaun Donovan's slide deck presentation
HUD's Budget Summary Table
HUD Budget Overview Fact Sheet and its press release
Additionally, the White House circulated Administration key budget fact sheets for various issues and constituencies

3. The Council of Large Public Housing Authorities released a FY15 comparative funding chart and

FFY15 Budget Request.

4. Lauren M. Lyon-Collis will be speaking at the Eastern Lenders Association Conference on Tuesday, March 11, 2014 from 9:00am-10:15am in Baltimore, MD, on the topic of using FHA-insured financing with the RAD program.

5. March 4th: The Wall Street Journal highlighted the efforts of R&C client, the Housing Authority of New Orleans (HANO), to deconcentrate poverty through its redevelopment of all of its traditional public housing, including the conversion of the 23-acre Iberville public housing project into an 880-unit mixed-income property.

H O U S I N G N O T I C E S 3/3/2014 - 3/7/2014

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	No new notices
PIH Notices	No new notices
Housing Notices	Standardized Multifamily FHA Mortgage Insurance Applications	2014-02 Issued: February 28, 2014	Updates the Lender's application submission templates for mortgage insurance under the Federal Housing Administration's (FHA) Multifamily housing programs
	Revisions to Large Loan Risk Mitigation Policies	2014-03 Issued: February 28, 2014	Updates HUD's underwriting standards for large multifamily loans (Notice H 2011-36), above $25 million and/or which support projects exceeding unit thresholds.
Mortgagee Letters	Revisions to Large Loan Risk Mitigation Policies	2014-04 Issued: February 28, 2014	Updates HUD's underwriting standards for large multifamily loans (Mortgagee Letter 2011-40), above $25 million and/or which support projects exceeding unit threshold.
	Standardized Multifamily FHA Mortgage Insurance Applications	2014-05 Issued: February 28, 2014	Updates the Lender's application submission templates for mortgage insurance under the Federal Housing Administration's (FHA) Multifamily housing programs.

Federal Register Notices
Rules and Regulations	Conforming Amendment to the Section 184 Indian Housing Loan Guarantee Program Regulations	PDF \| Text \| More Issued: March 5, 2014 Pages 12382 - 12384
Proposed Rules	No new notices
Notices	Section 184 Indian Housing Loan Guarantee Program Increase in the Loan Guarantee Fee	PDF \| Text \| More Issued: March 5, 2014 Pages 12520 - 12521
*Proposed Information Collection*	60-Day Notice of Proposed Information Collection: Policies and Procedures for the Conversion of Efficiencies Units to One Bedroom Units	PDF \| Text \| More Issued: March 4, 2014 Pages 12210 - 12211
	60-Day Notice of Proposed Information Collection: Recertification of Family Income & Composition Section 235(b) & Statistical Report Section 235(b), (i) and (j)	PDF \| Text \| More Issued: March 5, 2014 Pages 12519 - 12519
	30-Day Notice of Proposed Information Collection: Restrictions on Assistance to Noncitizens	PDF \| Text \| More Issued: March 5, 2014 Pages 12519 - 12520

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

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

RENO&CAVANAUGHPLLC

Compiled by Reno & Cavanaugh, PLLC. This newsletter is intended for informational purposes and should not be viewed as specific legal advice. The sources cited above include tested links that lead to external 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" above.