2 More RAD Closings; Tax Extenders Renewed; Extended Deadline for Section 8 Comments

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

16th Edition: 4/14/14-4/18/14

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. R&C closed two more RAD transactions, totaling 8 RAD closings since the program's inception last year. Read more about our RAD Rome, NY and Hopewell, VA closings.

2. Tax Extenders Renewed: The Senate Finance Committee approved the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, which would extend the minimum 9% Low-Income Housing Tax Credit (LIHTC) rate through the end of 2015, include a minimum 4% LIHTC rate for affordable housing acquisition and extend the New Markets Tax Credit through 2015. Details can be found here.

3. Deadline Extended to May 14^th for Revised Section 8 Renewal Policy Guide Comments. See HUD's guidance for renewing expiring Section 8 contracts in the draft revised Section 8 Renewal Policy Guide. Public comments identifying the section number, page, and paragraph number are due May 14, 2014.

H O U S I N G N O T I C E S 4/14/2014 - 4/18/2014

NAME OF NOTICE	TITLE	ISSUE DATE OR PAGE NUMBER	INFORMATION
CPD Notices	No new notices
PIH Notices	Financial Audit Requirements for Tribal Participants in Public and Indian Housing Programs	PIH 2014-06 (TDHEs) Issued: April 16, 2014	Rescinds and supersedes PIH Letter L-2007-03, issued June 29, 2007, to provide specific guidance on the financial audit requirements for the tribal participants in the following programs: the Indian Housing Block Grant (IHBG), the Indian Community Development Block Grant (ICDBG), the Native Hawaiian Housing Block Grant (NHHBG), Residential Opportunity and Self-Sufficiency (ROSS) Service Coordinators, the Rural Innovation Fund (RIF), and Rural Housing and Economic Development (RHED).
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	Notice of Emergency Approval of an Information Collection: Closeout Instructions for Community Development Block Grant (CDBG) Programs Grants	PDF \| Text \| More Issued: April 15, 2014 Pages 21258 - 21259
	Preliminary Affordability Determination-Energy Efficiency Standards	PDF \| Text \| More Issued: April 15, 2014 Pages 21259 - 21275
	Adoption of Updated Standard ASTM E 1527-13 Standard Practice for Environmental Assessments: Phase I Environmental Site Assessment Process	PDF \| Text \| More Issued: April 16, 2014 Pages 21479 - 21480
	Promise Zones Initiative: Proposed Second Round Selection Process Solicitation of Comment	PDF \| Text \| More Issued: April 17, 2014 Pages 21785 - 21787
	Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2014; Update	PDF \| Text \| More Issued: April 18, 2014 Pages 21941 - 21942
*Proposed Information Collection*	60-Day Notice of Proposed Information Collection: Public Housing Financial Management Template	PDF \| Text \| More Issued: April 15, 2014 Pages 21257 - 21258
	60-Day Notice of Proposed Information Collection: Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)	PDF \| Text \| More Issued: April 16, 2014 Pages 21478 - 21479
	60-Day Notice of Proposed Information Collection: HUD Housing Counseling Program-Application for Approval as a Housing Counseling Agency	PDF \| Text \| More Issued: April 18, 2014 Pages 21940 - 21941

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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