Operating Cost Adjustment Factors (OCAF) Have Been Released For 2025

News LibraryOn 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 Payments…

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2025 OCAF Notice on Public Inspection – Due to be Published 12/11/2024

News LibraryThe 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

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August 2024: HUD Multifamily Updates 28 Forms

News LibraryIn 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……

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HUD’s Green and Resilient Retrofit Program’s Benchmarking Initiative

News LibraryHUD 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, preservation,…

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CMS is Partnering with AHMA-WA to Provide HOTMA and MOR Trainings

News LibraryJoin the CMS multifamily compliance experts to discuss updates regarding the Housing Opportunities Through Modernization Act (HOTMA) and Management and Occupancy Reviews (MORs). These events are provided in partnership with AHMA of Washington and are free to their members. Must be a WA…

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New Resource: Multifamily Disaster Preparedness Plan Template

News LibraryOn October 19, 2023, HUD Multifamily shared a template for Owners and Management Agents to use as a resource to help create a property-specific plan to protect resident life and safety during a disaster. The Multifamily Disaster Preparedness Plan template is designed to guide affordable…

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Reminder: NSPIRE Went Into Effect on October 1, 2023 for the Multifamily Portfolio

October 12, 2023In News, Uncategorized1 MinuteNews LibraryHUD provided clarification regarding NSPIRE inspections in response to a previous HUD industry email. NSPIRE inspections officially began on October 1, 2023, for the Multifamily portfolio, and they are currently ongoing. Any previous HUD…

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CMS is Now Performing MORs for the State of Missouri on Behalf of MHDC

June 2, 2023In HUD Announcements, News, Uncategorized2 MinutesNews Library As of May 1, 2023, Contract Management Services (CMS) entered into a subcontract to perform Management and Occupancy Reviews (MORs) for the state of Missouri by the Missouri Housing Development Commission (MHDC), the…

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HUD Memo on Fire Hazards and Prevention Tips for Electric Scooters and Bikes

April 12, 2023In HUD Announcements, News, Uncategorized1 MinutesNews LibraryThe U.S. Department of Housing and Urban Development (HUD) has released a memorandum to increase awareness and provide information regarding fire hazards and fire prevention tips for electric scooters and bikes. View the…

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Request for Comments on Proposed Scoring and Ranking Methodology for NSPIRE

March 28, 2023In HUD Announcements, News, Uncategorized4 MinutesNews LibraryOn March 28, 2023, HUD published in the Federal Register a request for comments on the NSPIRE inspection standards and scoring methodology that will be used to assess the overall condition, health, and safety of properties…

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Memorandum Summarizing Changes to Violence Against Women Act of 2022

March 27, 2023In HUD Announcements, News, Uncategorized2 MinutesNews LibraryOn March 17, 2023, the U.S. Department of Housing and Urban Development (HUD) released a memorandum summarizing changes enacted to the Violence Against Women Act as part of The VAWA Reauthorization Act of 2022 (VAWA 2022).…

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FHA Announces Request for Public Comment on PBRA Standard Program and Renewal Contract

February 17, 2023In HUD Announcements, News, Uncategorized2 MinutesNews LibraryOn February 2, 2023, HUD published in the Federal Register an advance notice of proposed rulemaking and request for public comment on Section 8 Project-Based Rental Assistance (PBRA) Standard Program Regulation and the…

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