As a follow up to our March 24, 2015 and April 1, 2015 posts, the U.S. Department of Housing and Urban Development (HUD) published a notice updating the interim regulation at 24 CFR Part 135, which provides for compliance with
Housing Plus
Guidance and legal insight for all aspects of housing and community development
Housing Plus, published by Ballard Spahr LLP, focuses on legal developments and policy issues affecting affordable housing, public housing authorities, and related government programs. The blog covers topics such as HUD regulations, public housing financing, low-income housing tax credits, rental assistance programs, and innovative housing policy initiatives. It also addresses administrative and compliance matters for housing authorities, including contract forms, funding mechanisms, and program expansions like Moving to Work (MTW). The blog provides updates on legislative and regulatory changes impacting housing providers, as well as practical guidance on navigating complex housing laws and government programs.
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Looking forward to the annual conference of the ABA Forum on Affordable Housing and Community Development Law
From May 20-22, a handful of our bloggers will speak at the ABA Forum on Affordable Housing and Community Development Law in Washington, D.C. – an annual meeting that brings together pertinent developments, resources, strategies, and insights within the affordable housing…
Bill introduced in Senate to create permanent LIHTC rate floors
On May 5, 2015, Senators Maria Cantwell (D-WA) and Pat Roberts (R-KS) introduced the “Improving the Low-Income Housing Tax Credit Rate Act” (S. 1193), which would create a permanent 9% minimum low-income housing tax credit rate for non-tax-exempt bond-financed new…
In case you missed it … Recent HUD notices
Over the past month, HUD has published a number of administrative notices that cover a variety of matters for housing providers, particular for PHAs and others who administer project-based Section 8 assistance. Below is a round-up of those notices.
- Privacy Protection Notice.
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Thousands of applicants are willing to accept NYC “Poor Door” building
The Housing Plus Blog has previously reported on the “Poor Door” controversy on August 14, 2014 and September 3, 2014. The New York Times reported on April 20, 2015 that 88,000 people applied for the 55 units located in…
Congress hears testimony on public-private partnerships in affordable housing
Affordable, small, and manufactured housing loans prioritized as GSEs approach volume caps
By Juan Pereira
The government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, have announced that they are quickly approaching their 2015 volume caps. In January of this year, the Federal Housing Finance Agency (FHFA), who regulates these agencies, released its 2015 scorecard which…
El Paso RAD transaction converting 1,590 units at 13 sites closes
By Kim Magrini
On April 9, 2015, the Housing Authority of the City of El Paso (HACEP) and its development, private equity and lending partners closed Phase I of the largest Rental Assistance Demonstration (RAD) project in the country. Hunt Development Group has…
President Obama’s 2016 budget poised to address infrastructure needs
By Vicky Tsilas
Released in February, the 2016 budget set forth by the Obama administration takes a focused stance towards the country’s growing infrastructure requirements. The 2016 budget features tax-exempt bond proposals seen in the administration’s 2014 and 2015 budgets, and introduces four…
HUD announces proposed rule implementing expanded Violence Against Women Act protections
Last week, HUD has announced a proposed rule to implement protections arising under the Violence Against Women Reauthorization Act of 2103 (VAWA). The reauthorization added a number of programs covered by VAWA, including:
- HOME Investment Partnerships program for rental housing;
…