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22nd Edition: 6/2/14-6/6/14
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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. |
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News of Note:
1. Senate Appropriations Committee Votes to Raise RAD Cap. The FY15 Senate Transportation, Housing and Urban Development (THUD) Appropriations Bill, which provides THUD with a $54.4 billion budget, and allocates $10 million for the Rental Assistance Demonstration (RAD), includes a provision that would lift the authorized unit cap on the RAD program from 60,000 to 185,000 units according to the THUD Full Committee Markup Bill Summary.
2. At the RAD Network Meeting on June 4th, Margaret Salazar announced a "Fast Track" review process for RAD transactions using tax credits but not FHA-insured financing. The Fast Track eliminates the early milestones and streamlines the Financing Plan.
3. USDA's Rural Housing Service (RHS) office released a Notice of Funding Availability (NOFA) for Section 538 rental guarantees [information]. Lenders can apply for loan guarantees for new construction or acquisition with rehabilitation of affordable rural rental housing. USDA-funded Section 515 and 514/516 properties, including those using RHS's Multi-Family Preservation and Revitalization program, are eligible. Responses due by December 31, 2015. Previously-approved applications will be funded first. Applications approved by September 30, 2014 will receive conditional commitments until all FY2014 funds are expended.
4. HUD released Fair Housing and Equal Opportunity Accessibility standards. Recipients of HUD funding can comply with accessibility requirements by using either HUD's regulation or the 2010 ADA Standards for Accessible Design. HUD includes provisions of the 2010 Standards that cannot be used.
5. HUD's Office of Lead Hazard and Healthy Homes released a NOFA for lead hazard grant programs to control lead-based paint hazards in eligible privately-owned rental or owner-occupied housing in urban jurisdictions with the greatest lead-based paint hazard control needs. Deadline: June 27, 2014.
6. At the National Leased Housing Association, June 18-20. [ Agenda] Julie S. McGovern: Thursday, June 19th, 9-9:45am. Rental Assistance Demonstration (RAD) Update N. Linda Goldstein: Friday, June 20th, 9-10:15am. Establishing the Culture and Resources to Save $$ and Energy
Sarah Molseed: Friday, June 20th, 9-10:15am. Understanding Project-Based Vouchers and Preservation Vouchers
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H O U S I N G N O T I C E S
6/2/2014 - 6/6/2014
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NAME OF NOTICE
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TITLE
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ISSUE DATE OR PAGE NUMBER
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INFORMATION
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CPD Notices
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No new notices
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PIH Notices
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No new notices
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Housing Notices
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No new notices
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Mortgagee Letters
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No new notices
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Federal Register Notices
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Rules and Regulations
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Manufactured Housing Constructions and Safety Standards: Correction of Reference Standard for Anti-Scald Valves
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PDF | Text | More
Issued: June 3, 2014
Pages 31861 - 31863
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Proposed Rules
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No new notices
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Notices
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Second Allocation, Waivers, and Alternative Requirements for Grantees Receiving Community Development Block Grant (CDBG) Disaster Recovery Funds in Response to Disasters Occurring in 2013
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PDF | Text | More
Issued: June 3, 2014
Pages 31964 - 31973
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Notice of a Federal Advisory Committee Meeting: Manufactured Housing Consensus Committee
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PDF | Text | More
Issued: June 5, 2014
Pages 32569 - 32570
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Proposed Information Collection
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60-Day Notice of Proposed Information Collection: Jobs Plus Pilot Program
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PDF | Text | More
Issued: June 3, 2014
Pages 31963 - 31964
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30-Day Notice of Proposed Information Collection: Rural Innovation Fund Evaluation Data Collection
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PDF | Text | More
Issued: June 6, 2014
Pages 32746 - 32747
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For more information about the attorneys at Reno & Cavanaugh, please follow this link.
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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.
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