Summary -
Recently, the U.S. Department of Housing and Urban Development (HUD) released its highly anticipated Supplement to the RAD Notice (Supplement), which makes a number of changes to the current Rental Assistance...more
During this time of uncertainty, Public Housing Authorities (PHAs) are now operating under stressed conditions with limited resources. HUD posted a revised “COVID-19 FAQs for Public Housing Agencies” on April 22, 2020,...more
A number of provisions of the CARES Act are applicable to U.S. Department of Housing and Urban Development (HUD) programs....more
As public housing authorities (PHAs) and multifamily housing owners grapple with protecting their residents, employees and stakeholders amidst the COVID-19 outbreak, HUD has issued several pieces of guidance in recent days...more
3/23/2020
/ Coronavirus/COVID-19 ,
Eviction ,
Foreclosure ,
HUD ,
Low-Income Issues ,
Moratorium ,
Public Housing ,
Public Housing Authorities ,
Rental Assistance Demonstration ,
Rental Property ,
Trump Administration
Earlier this week, the U.S. Department of Housing and Urban Development announced it will be rescinding the form of Annual Contributions Contract (ACC) that HUD had released to housing authorities this past May...more
10/18/2018
/ Affordable Housing ,
Housing Market ,
HUD ,
Low-Income Issues ,
Public Housing ,
Public Housing Authorities ,
Public Policy ,
Real Estate Market ,
Rental Property ,
Required Forms ,
Urban Planning & Development
HUD recently issued a set of answers to frequently asked questions to provide further guidance on a new method of disposing of public housing in conjunction with a RAD conversion (the “FAQ”). ...more
The Office of Management and Budget (“OMB”) released the Trump administration’s budget blueprint today, providing a general overview of the budget request it intends to present to Congress later this Spring. As outlined, the...more
In an announcement on January 12th, the U.S. Department of Housing and Urban Development (HUD) published a significant third revision to the Rental Assistance Demonstration (RAD) Notice (PIH 2012-32/ H 2017-03 Rev-3)....more
1/18/2017
/ Affordable Housing ,
Disclosure Requirements ,
Federal Register ,
Housing Market ,
HUD ,
LIHTC ,
Low-Income Issues ,
Public Housing ,
Public Housing Authorities ,
RAD Program ,
Real Estate Development ,
Rental Assistance Programs ,
Residential Real Estate Market ,
Section 8 ,
Urban Planning & Development ,
Vouchers
For the next blog installment summarizing a key element discussed during Ballard Spahr’s recent RAD webinar, following is an overview of the special conditions that apply to the transfer of assistance from an existing public...more
A number of essential points arising under HUD’s Notice PIH 2012-32, REV-2 were discussed during Ballard Spahr’s webinar, HUD’s Revised RAD Notice — What it Means for Closed and Future Projects. As a follow-up to the...more
HUD published revised Rental Assistance Demonstration (RAD) Notice, PIH 2012-32, REV-2, on Monday, June 15. The Notice addresses stakeholder feedback on RAD’s transactional and operational issues, and also incorporates key...more
On December 29, 2014, Benjamin Metcalf, HUD Deputy Assistant Secretary for Multifamily Assisted Properties, issued a memo to HUD Multifamily directors and contract administrators clarifying the impact of medical marijuana use...more
Public housing needs all the help it can get. Its 1.1 million units of deeply affordable housing have been grossly underfunded by Congress for so many years that current studies indicate it would take over 30 billion dollars...more
HUD recently issued a proposed rule to revise requirements applicable to demolition and disposition of public housing by public housing authorities (PHAs) and modify the rules for converting public housing to Section 8...more
Last week, Susan Wilson, HUD’s Director of the Office of Urban Revitalization, issued a memo announcing due dates for closing mixed-finance transactions with the Office of Public Housing Investments (OPHI). Generally, any 24...more
HUD’s Office of Public and Indian Housing (PIH) recently issued PIH 2014-20 (PIH Notice) providing guidance to public housing authorities (PHAs), PHA affiliates and instrumentalities, mixed-finance owners and owners of...more
With HUD’s Rental Assistance Demonstration program in full swing and transactions moving through the RAD pipeline, it may be helpful to step back now and again to consider some points about RAD. Here are a few that have...more
The U.S. Department of Housing and Urban Development (HUD) has released revised instructions for the Rental Assistance Demonstration (RAD) program....more