MFT Call Today; Operating Subsidy Eligibility Calculations; Nonprofit Guidance; Inflation Factors for Renewal Funding; ABA Forum; Energy-Efficiency

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

17th Edition: 4/28/14-5/2/14

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. The Office of Multifamily Housing is holding a Multifamily Transformation (MFT) Informational Conference Call at 2pm EDT today. The call in number is (888) 675-2535. Passcode: 2942823.

2. PIH 2013-16 Revision - Public Housing Operating Subsidy Eligibility Calculations for CY2014 (PIH 2014-07) provides PHAs with instructions for calculating operating subsidy eligibility in CY2014 and provides information about EPA's ENERGY STAR Portfolio Manager system for utility consumption, giving PHAs the opportunity to participate in a pilot to test the use of Portfolio Manager during the CY2014 Operating Subsidy Cycle. Contact Kyleen Hashim for more information on the pilot program.

3. HUD's Guidance on Nonprofits Assisting Government Entities in Providing Secondary Financing in Conjunction with FHA-Insured Mortgages clarifies whether nonprofits assisting with a government entity's secondary financing program require HUD approval and placement on the Nonprofit Organization Roster.

4. See the FY2014 Inflation Factors for PHA Renewal Funding for the Section 8 Housing Assistance Payments Program.

5. Julie S. McGovern, Efrem Levy, Sarah Molseed and George L. Weidenfeller will be speaking at the upcoming ABA Forum on Affordable Housing & Community Development Law Conference May 21-23 in Washington, DC.

6. Comments for the Preliminary Affordability Determination- Energy Efficiency Standards are due May 30th.

H O U S I N G N O T I C E S 4/28/2014 - 5/2/2014

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	No new notices
PIH Notices	PIH 2014-07	PIH 2014-07 Issued: June 25, 2013	Provides PHAs with instructions for the calculation of operating subsidy eligibility in CY2014.
	PIH 2014-08	PIH 2014-08 Issued: April 30, 2014	Revises and extends all preceding PIH notices on Accessibility Requirements for Native American Programs: Section 504 of the Rehabilitation Act of 1973; Americans with Disabilities Act of 1990; Architectural Barriers Act of 1968; and Fair Housing Amendments Act of 1988.
	PIH 2014-09 (HA)	PIH 2014-09 Issued: April 30, 2014	Provides guidance to PHAs seeking Emergency Capital Needs funding for safety and security measures.
	PIH 2014-10	PIH 2014-10 Issued: April 30, 2014	Informs all PHAs about their responsibilities for safeguarding personally identifiable information (PII) required by HUD and preventing potential breaches of this sensitive data.
Housing Notices	Guidance on Nonprofits Assisting Government Entities in Providing Secondary Financing in Conjunction with FHA-Insured Mortgages	Housing Notice 2014-06 Issued: April 29, 2014	Clarifies whether nonprofit organizations assisting with a government entity's secondary financing program require HUD approval and placement on the Nonprofit Organization Roster.
Mortgagee Letters	Portfolio and Master Lease Guidance	Mortgagee Letter 2014-06 Issued: April 17, 2014	Applies to all applications submitted to HUD on or after a certain date.
	Home Equity Conversion Mortgage (HECM) Program: Non-Borrowing Spouse	Mortgagee Letter 2014-07 Issued: April 25, 2014	Uses the authority granted HUD in the Reverse Mortgage Stabilization Act of 2013 to amend the FHA's HECM program regulations and requirements concerning due and payable status where there is a Non-Borrowing Spouse at the time of loan closing.
	Guidance on Nonprofits Assisting Government Entities in Providing Secondary Financing in Conjunction with FHA-Insured Mortgages	Mortgagee Letter 2014-08 Issued: April 29, 2014	Clarifies whether nonprofit organizations assisting with a government entity's secondary financing program require HUD approval and placement on the Nonprofit Organization Roster.

Federal Register Notices
Rules and Regulations	No new notices
Proposed Rules	Manufactured Housing Program Fee: Proposed Fee Increase	PDF \| Text \| More Issued: May 2, 2014 Pages 25035 - 25038
Notices	Section 8 Housing Assistance Payments Program- Fiscal Year (FY) 2014 Inflation Factors for PHA Renewal Funding	PDF \| Text \| More Issued: April 28, 2014 Pages 23368 - 23369
	Home Equity Conversion Mortgage (HECM) Program: Non-Borrowing Spouse-Solicitation of Comment	PDF \| Text \| More Issued: May 2, 2014 Pages 25147 - 25148
*Proposed Information Collection*	30-Day Notice of Proposed Information Collection: Rent Schedule-Low Rent Housing Form HUD-92458	PDF \| Text \| More Issued: April 28, 2014 Pages 23367 - 23367
	30-Day Notice of Proposed Information Collection: HUD-Owned Real Estate Good Neighbor Next Door Program	PDF \| Text \| More Issued: April 28, 2014 Pages 23367 - 23368
	30-Day Notice of Proposed Information Collection: Promise Zones	PDF \| Text \| More Issued: April 29, 2014 Pages 23999 - 24000
	60-Day Notice of Proposed Information Collection: Multifamily Contractor's/Mortgagor's Cost Breakdowns and Certifications	PDF \| Text \| More Issued: April 29, 2014 Pages 24000 - 24001
	60-Day Notice of Proposed Information Collection: Office of Hospital Facilities Transactional Forms for FHA Programs 242, 241, 223(f), 223(a)(7)	PDF \| Text \| More Issued: April 29, 2014 Pages 24001 - 24002
	60-Day Notice of Proposed Information Collection: Performing Loan Servicing for the Home Equity Conversion Mortgage (HECM)	PDF \| Text \| More Issued: April 29, 2014 Pages 24002 - 24002
	60-Day Notice of Proposed Information Collection: Technical Suitability of Products Program Section 521 of the National Housing Act	PDF \| Text \| More Issued: May 2, 2014 Pages 25144 - 25145

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

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