Novogradac & Company LLP - HUD Center Breaking News

HUD INVITES COMMENTS ON LIHTC DATABASE

Wed, 24 Feb 2010 11:25:00 -0700

The U.S. Department of Housing and Urban Development (HUD) today invited comments on a requirement of the Housing and Economic Recovery Act (HERA) of 2008, ...

FHFA PROPOSES HOUSING GOALS FOR FANNIE, FREDDIE

Wed, 17 Feb 2010 9:15:00 -0700

The Federal Housing Finance Agency (FHFA) sent a proposed rule to the Federal Register establishing new housing goals for government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac ...

ANNUAL INDEXING OF BASIC MULTIFAMILY HOUSING STATUTORY MORTGAGE LIMITS

Wed, 10 Feb 2010 9:50:00 -0700

The U.S. Department of Housing and Urban Development (HUD) today published revised Annual Adjustment Factors (AAFs) for adjustment of Section 8 contract rents and funding renewals for specified programs. ...

ANNUAL INDEXING OF BASIC MULTIFAMILY HOUSING STATUTORY MORTGAGE LIMITS

Thu, 04 Feb 2010 9:40:00 -0700

In accordance with Section 206A of the National Housing Act, the U.S. Department of Housing and Urban Development (HUD) today adjusted the Basic Statutory Mortgage Limits for Multifamily Housing Programs for calendar year 2010 ...

PROPOSED BUDGET REDUCES HUD FUNDING BY 5 PERCENT

Tue, 02 Feb 2010 3:55:00 -0700

Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today sent a letter about Fannie Mae's and Freddie Mac's (GSEs') conservatorship to Reps. Barney Frank, D-Mass., and Spencer Bachus, R-Ala., of the House Financial Services Committee, and Sens. Christopher Dodd, D-Conn., and Richard Shelby, R-Ala., of the Senate Banking, Housing and Urban Affairs Committee ...

PROPOSED BUDGET REDUCES HUD FUNDING BY 5 PERCENT

Mon, 01 Feb 2010 12:30:00 -0700

Today President Barack Obama transmitted to Congress his fiscal year (FY) 2011 proposed budget, which includes a request for $41.6 billion for the Department of Housing and Urban Development (HUD). ...

DOE ISSUES RULE REGARDING LIHTC, HUD PROPERTIES' ELIGIBILITY FOR WAP

Mon, 25 Jan 2010 10:30:00 -0700

The U.S. Department of Energy (DOE) today released a final rule amending the eligibility provisions applicable to multi-unit buildings under the Weatherization Assistance Program (WAP). ...

HUD ISSUES FHA MULTIFAMILY RENTAL CLOSING DOCUMENTS FOR COMMENT

Thur, 21 Jan 2010 10:30:00 -0700

In today's Federal Register, the U.S. Department of Housing and Urban Development (HUD) announced that it was issuing for public comment a comprehensive set of revised closing documents for use in Federal Housing Administration (FHA) multifamily rental projects. ...

ADMINISTRATION COMPLETES TRANSACTIONS UNDER HFA INITIATIVE

Wed, 13 Jan 2010 1:05:00 -0700

The U.S. Department of the Treasury, together with the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) today announced the completion of all transactions under the recently-introduced state and local Housing Finance Agency (HFA) Initiative, a key element of the Obama Administration's Homeowner Affordability and Stability Plan ...

PHYSICAL INSPECTION SCORES AVAILABLE FOR HUD-ASSISTED HOUSING

Tue, 22 Dec 2009 11:55:00 -0700

The U.S. Department of Housing and Urban Development's Office of Policy Development and Research (PD&R) announced today that HUD recently added to the HUD USER web site the overall scores of the physical inspections that HUD's Real Estate Assessment Center completes of HUD-assisted and subsidized properties each year, including housing owned by public housing authorities and by private housing providers ...

HOUSE BILL PROVIDES $1 BILLION FOR NATIONAL HOUSING TRUST FUND

Wed, 16 Dec 2009 2:15:00 -0700

House leaders yesterday introduced the Jobs for Main Street Act as an amendment to H.R. 2847 ...

HUD PROPOSES ALLOCATION FORMULA FOR HOUSING TRUST FUND

Fri, 4 Dec 2009 8:35:00 -0700

The U.S. Department of Housing and Urban Development (HUD) today proposed a formula for allocating funds from the Housing Trust Fund established by the Housing and Economic Recovery Act of 2008 (HERA) ...

HUD INVITES COMMENT ON MULTIFAMILY DEFAULT STATUS REPORT

Thur, 3 Dec 2009 9:15:00 -0700

The U.S. Department of Housing and Urban Development (HUD) today invited public comment on HUD-92426, Multifamily Default Status Report ...

BILL WOULD INCENTIVIZE ENERGY EFFICIENCY FOR FEDERALLY ASSISTED HOUSING

Thur, 19 Nov 2009 9:00:00 -0700

U.S. Representative Mary Jo Kilroy yesterday introduced legislation to create market-based incentives to increase the energy efficiency of federally assisted housing. H.R. 4099, the Energy Efficiency Modernization Act of 2009 ...

OPPORTUNITY TO COMMENT ON GSES DUTIES TO SERVE UNDERSERVED MARKETS ENDS SEPT. 18

Wed, 16 Sep 2009 9:00:00 -0700

The comment window closes Friday for the public to submit input to Federal Housing Finance Agency (FHFA) about government sponsored enterprises (GSEs) Fannie Mae�s and Freddie Mac�s duties to serve underserved markets ...

HUD INVITES COMMENTS ON ENDING �HOLD HARMLESS� POLICY

Fri, 11 Sep 2009 12:00:00 -0700

In a request for comments scheduled for publication in the Federal Register on September 14, the U.S. Department of Housing and Urban Development (HUD) invites comments from the public on whether it should discontinue its policy of maintaining Section 8 income limits ...

HUD PUBLISHES PROPOSED 2010 FAIR MARKET RENTS

Tues, 4 Aug 2009 12:00:00 -0700

The U.S. Department of Housing and Urban Development (HUD) today published proposed fair market rents (FMRs) for fiscal year 2010 ...