January 29, 2025
Project Based Rental Assistance Payments to Continue Following OMB January 27, 2025 Memorandum
Affordable HousingOn January 27, 2025 the Office of Management and Budget (OMB) issued a memorandum temporarily pausing federal agency grant, loan, and other financial assistance programs. The memorandum required agencies to review and assess funding programs in alignment with the Administration’s…
December 16, 2024
HUD Publishes 30-Day Notification Requirement Prior to Termination of Lease for Nonpayment of Rent
Uncategorized,News,HUD Announcements
Affordable HousingOn December 13, 2024, HUD published the 30-day notification requirement prior to termination of lease for nonpayment of rent in the Federal Register. This rule is required no later than January 13, 2025, except PHA compliance with 24 CFR 966.4(q) is required no later than June 15,…
December 11, 2024
Operating Cost Adjustment Factors (OCAF) Have Been Released For 2025
News,Highlights,HUD Announcements
Affordable HousingOn December 11, 2024, the FY2025 OCAF rates were published in the Federal Register. The new rates are effective February 11, 2025. Operating Cost Adjustment Factors are used for adjusting or establishing Section 8 rents for projects assisted with Section 8 Housing Assistance…
December 10, 2024
2025 OCAF Notice on Public Inspection – Due to be Published 12/11/2024
Affordable HousingThe Notice of Certain Operating Cost Adjustment Factors for 2025 is scheduled to be published on Wednesday December 11, 2024. The OCAF notice is now on public inspection and can be found here: 2024-29016.pdf. December 10, 2024In HUD Announcements, News1 Minute
December 10, 2024
December 2024: HUD HOTMA Implementation FAQs Now Available
Resources,News,HUD Announcements,HOTMA
Affordable HousingInformation below shared from an MFH email sent on December 6, 2024: On Friday, December 6, 2024, HUD Office of Multifamily Programs sent an email to stakeholders to announce the posting of the new Housing Opportunity Through Modernization Act (HOTMA) Implementation Frequently…
October 10, 2024
HUD Publishes Notice H 2024-09: HOTMA Compliance Date Extension
Affordable HousingInformation below shared from an MFH email sent on September 24, 2024: On September 20, 2024, the Office of Multifamily Housing Programs (MFH) published Housing Notice H 2024-09, which extends the date that Owners must be fully compliant with Sections 102 and 104 of the Housing…
September 16, 2024
August 2024: HUD Multifamily Updates 28 Forms
Affordable HousingIn August 2024, HUD released 28 updated forms required for Multifamily Section 8 Programs. The most current forms can be accessed through HUDClips on the www.hud.gov website. To see the complete list of updated forms, including their names, please refer to HUD’s announcement email…
August 21, 2024
Beware of Section 8 Scams
Resources,News,HUD Announcements
Affordable HousingRecently, fliers have been circulating on social media advertising assistance with applying for Section 8 funding. The flyer and website ‘www.govassistance[dot]org’ are NOT legitimate. The scam aims to take advantage of Section 8 applicants to obtain their personal information to…
July 10, 2024
CMS Quality System Highlighted by NQA, Global Certification Body for ISO 9001:2015
Affordable Housing CMS’s journey to become and stay compliant with ISO 9001: 2015, the International Standard for Quality Management Systems, was recently highlighted on the NQA website. In June 2024, just 11 months after our initial ISO 9001: 2015 audit and certification by NQA, we passed our…
June 27, 2024
HUD’s Green and Resilient Retrofit Program’s Benchmarking Initiative
Affordable HousingHUD introduced a free benchmarking process aimed at multifamily Owners and Management Agents, with $42 million allocated to support their participation. The initiative will support efforts to lower energy costs as well as HUD’s goals of promoting climate resiliency,…
May 16, 2024
HUD Multifamily HOTMA Training Videos Now Available
Training,News,HUD Announcements,HOTMA
Affordable HousingThree HOTMA training videos have been posted to HUD’s Multifamily HOTMA training page: Implementation Overview Net Family Assets Determining Income The following videos are planned to be released on HUD’s Multifamily HOTMA training page in May and June 2024, so check…
December 8, 2023
Implementation Guidance: Sections 102 and 104 of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) – HUD Notice 2023-10
Affordable HousingHUD Released Notice 2023-10 on September 29, 2023 to provide more guidance around implementing Housing Opportunity Modernization Act (HOTMA) requirements. The purpose of this notice is to provide guidance to Public Housing Agencies (PHAs) and Multifamily Housing (MFH) Owners on…