HUD & Treasury Extend Risk-Sharing Initiative
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury (Treasury) will indefinitely extend the Section 542(c) Housing Finance Agency Risk-Sharing Initiative.
Budget Based Rent Adjustments for Mark-to-Market (M2M) Properties
This Notice implements HUD's authority to make budget-based rent adjustments (BBRA) for Section 8 project-based rental assistance housing assistance payment contracts at properties subject to a M2M Use Agreement.
$73.5 Million in New Green and Retrofit Resilient Retrofit Awards
We've awarded $73.5 million in New Green and Resilient Retrofit Program grants and loans today supporting energy efficient and climate resilience renovations at multifamily properties where more than 1,400 low-income families call home.
The Office of Multifamily Housing Programs published a notice extending the HOTMA compliance date for owners to update their Tenant Selection Plan (TSP) and Enterprise Income Verification (EIV) Policies and Procedures (P&P) to May 31, 2024. The final rule is effective on January 1, 2024.
