HUD Audits
August 14, 2023
You may soon have to report data on requests—and be subject to stricter compliance oversight.
Feature
July 14, 2023
The notice marks the first comprehensive overhaul of inspection standards in 20 years.
HUD recently published the Final Notice for the National Standards for the Physical Inspection of Real Estate (NSPIRE) in the Federal Register. There are four main notices to HUD’s final package of...
Compliance
July 14, 2023
We highlight the noteworthy changes and clarifications in both notices.
HUD’s National Standards for the Physical Inspection of Real Estate (NSPIRE) changes are scheduled to be effective for multifamily inspections as of Oct. 1, 2023. And public housing inspections under the new...
In the News
July 14, 2023
Housing cost burdens have reached record levels.
The Joint Center for Housing Studies of Harvard University recently released its annual report, State of the Nation’s Housing 2023. The report combines analyses of data from the U.S. Census Bureau, HUD, Freddie Mac, the National...
In the News
July 14, 2023
HUD recently announced a nearly $1 billion Rental Assistance Demonstration (RAD) transaction with the New York City Housing Authority (NYCHA) that will enable major upgrades for more than 2,000 affordable rental units in the Bronx. This is the largest transaction to date under the RAD program....
Feature
June 15, 2023
The final rule incorporates important changes based on public comments on the proposed rule.
Income Calculations
June 15, 2023
The average increase across all areas was 5.45 percent.
On May 15, HUD issued the fiscal year 2023 income limits that determine eligibility for various HUD-assisted housing programs, including the Public Housing, Section 8 Project-Based, Section 8 Housing Choice Voucher, Section 202 Housing...
Income Calculations
June 15, 2023
HUD’s Office of Multifamily Housing recently issued a memo on the treatment of solar benefits for residents in master-metered buildings that use community or rooftop solar power. The guidance addresses how building owners can distribute the financial benefits of community or rooftop solar to...
In the News
June 15, 2023
HUD is accepting applications for green retrofit loans and grants until spring of 2024.
HUD is making funding available to support green and resilient retrofits of properties participating in Multifamily Assisted Housing programs. According to HUD, this funding will allow owners to invest in...
Feature
May 16, 2023
HUD’s Office of Multifamily Housing Programs recently published updated guidance for owners of sites taking part in its Section 8 Project-Based Rental Assistance (PBRA) program. The last update to the Section 8 Renewal Guidebook was in 2017. This recent update is centered around HUD’s...
