Broadband Funding for California Properties
California owners of publicly supported housing developments are now eligible for a state grant to offer affordable internet access to their residents, removing the financial barrier that keeps millio ...
2024 Income Limits
On April 1, 2024, HUD released the 2024 Income limits. Owners/agents of properties participating in HUD’s Multifamily Housing Programs must utilize these 2024 income limits when processing Move-Ins an ...
Congress Approves Changes to the RAD Statute, Managing Multifamily Properties and More!
Congress Approves Changes to the RAD StatuteThe recently passed FY2024 Appropriations Act funding HUD and other agencies adopted certain RAD improvements, including:Extending the September 30, 2024, s ...
March 25, 2024 in Certs/ 50059s (Including income/assets/expenses), Multifamily Housing News, Tenant Income
Tenant Recertification Flexibilities
HUD would like to remind owners/agents participating in HUD Multifamily project-based rental assistance programs of flexibilities using recertifications to help support residents who are in rent arrea ...
New Jersey Flood Risk Notification Law Enacted
Flood risks in the state of New Jersey are growing due to the effects of climate change. Coastal and inland areas may experience significant flooding now, and in the near future, including in places t ...
FBI & NSA Cyber Threat Concerns for Industry Partners
The Office of Multifamily is sharing information as a service to you about current cyber threats against small businesses / offices, and organizations which could include Multifamily program participa ...
Extended HOTMA Compliance Date for Tenant Selection Plan and EIV Policies & Procedures
The Office of Multifamily Housing Programs published a Housing Notice extending the HOTMA compliance date in Section 6.2 of Notice H 2023-10 for owners to update their Tenant Selection Plan (TSP) and ...
TRACS Access/User Recertification/Security Awareness Training Requirements [External Users] MUST be completed by March 14, 2024
Office of Housing sent this bulletin on 2/7/2024: Attention HUD encourages owners and agents of project-based rental assistance programs to read the newly updated guide “TRACS External Users A ...
Important New HOTMA Section 102 and 104 Implementation Guidance Now Available
Office of Housing sent this bulletin on 2/6/2024:HUD published updates to the implementation guidance for Section 102 and 104 of the Housing Opportunity Through Modernization Act (HOTMA). This email i ...
Update to HUD HOTMA Implementation Notice
The Final Rule Implementing HOTMA Sections 102, 103, and 104 was released by HUD on 9/29/2023. This new regulation is effective January 1, 2024, with full implementation and compliance with HOTMA expe ...