HUD Issues a Revised RAD Notice
HUD Issues Notice PIH-2012-32 (HA), REV-2-Rental Assistance Demonstration-Final Implementation, Revision 2 On June 15, 2015, HUD issued a revised Notice that provides program instructions for the Ren ...
Federal Housing Administration Commissioner, Carol Galante, Announces Resignation
On August 11, 2014, Federal Housing Administration Commissioner Carol Galante announced her decision to resign from her post with the U.S. Department of Housing and Urban Development as the Assistant ...
Planned Cabinet Reshuffle Includes HUD
A May 18, 2014 New York Times article, San Antonio Mayor Julián Castro Is Said to Be HUD Pick in Cabinet Reshuffling, announced that President Obama plans to nominate San Antonio, Texas Mayor Julian C ...
Los Angeles Multifamily Asset Management
The Los Angeles, CA HUD office has had major staffing changes that have created unmanageable portfolio imbalances. To work out these issues, the Los Angeles Multifamily Asset Management staff will STO ...
Multifamily Update from DAS Ben Metcalf
On March 10, 2014, Ben Metcalf, Deputy Assistant Secretary for Multifamily Housing Programs, talked to NAHMA (National Affordable Housing Management Association) about his memorandum dated March 5, 20 ...
HUD Transformation Update
HUD Secretary Shaun Donavan released the following memorandum on April 4, 2014: Today, we are moving forward with the transformation of HUD's Multifamily Housing Office. In the wake of express directi ...
New Fort Worth/Kansas City Hub Director
Ben Metcalf, Deputy Assistant Secretary, Office of Multifamily Housing Programs has released the following information about Kelly Haines being selected as the Director of the Fort Worth and Kansas Ci ...
Surplus Cash Calculations Under “New” Regulatory Agreements
HUD issued a revised Regulatory Agreement in April, 2011 which includes a “new” definition/calculation of Surplus Cash. This definition only applies to owners that signed the revised 2011 version of t ...
4350.3 REV-1,CHG-4 HUD Handbook Released
Change 4 to HUD Handbook 4350.3 REV-1 "Occupancy Requirements of Subsidized Multifamily Housing Programs" has been posted to HUDCLIPS. PMCS offers a Travel Edition of the Change 4 4350.3 HUD Handbook ...
Update: PBCA Announcements
A few weeks ago, we brought you the news that HUD plans to announce the PBCA (Project Based Contract Administrator) awards, selected from applicants applying under the NOFA (Notice of Funds Availabili ...