HUD on Thursday published Fair Market Rents for Fiscal Year 2024 and released an additional $113 million in Housing Choice Vouchers to help 9,500 families to meet growing costs.
Tag: HUD
FHA Increases Threshold for Large Multifamily Loans to Be Eligible for Standard Underwriting
The Federal Housing Administration on Wednesday increased the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. The Mortgage Bankers Association commended the move.
MBA Weighs in on HUD Section 8 Proposal
The Mortgage Bankers Association this week weighed in with HUD on its proposal to transition to a single Section 8 regulation and a single Housing Assistance Payment contract for its Section 8 project-based rental assistance programs.
HUD Updates Guidance for Section 8 Project-Based Rental Assistance Contract Renewals
On Monday HUD’s Office of Multifamily Housing Programs updated its guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance program.
HUD Proposes $73.3B Fiscal 2024 Budget
HUD on Monday submitted a $73.3 billion fiscal 2024 budget, an increase of $1.1 billion from the current fiscal 2023 enacted funding level, including $104 billion for new mandatory affordable housing investments.
Commercial/Multifamily News Briefs Nov. 10, 2022
News in brief from HUD, Strawberry Fields REIT, Aeon Investments.
HUD Requests Public Input About its Green and Resilient Retrofit Program
On Monday, HUD released a Request for Information in public inspection form to obtain input regarding its Green and Resilient Retrofit Program.
HUD Publishes Fiscal Year 2023 Fair Market Rents
HUD on Thursday published Fair Market Rents for fiscal year 2023.
Multifamily Gives Positive Edge to March Housing Starts
Housing starts improved slightly in March, thanks to a bump in multifamily starts, HUD and the Census Bureau reported Tuesday.
Personnel News From HUD, Arbor Realty Trust, CBRE, Berkadia
HUD Deputy Assistant Secretary Ethan Handelman announced Willie Fobbs joined HUD as Director of HUD’s Multifamily Office of Production.