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Final Regulations for Opportunity Zones Released
On December 19, the U.S. Treasury Department and the Internal Revenue Service (IRS) issued final regulations implementing the Opportunity Zones tax incentive. Established by the Tax Cuts and Jobs Act of 2017, Opportunity Zones are a new community development program that encourages long-term investments in low-income urban and rural communities. The Opportunity Zone Program provides … Continue reading Final Regulations for Opportunity Zones Released
Notice Rescinding Prior Notice on Work Preferences Released
On December 16, HUD issued Notice PIH 2019-26. The Notice rescinds a prior notice (Notice PIH 2011-33) that provided guidance on the use of work preferences in public housing wait lists. Although the prior notice has been rescinded, agencies are still permitted to use work preferences as a local preference in their wait list if … Continue reading Notice Rescinding Prior Notice on Work Preferences Released
Vera Offering Technical Assistance to PHAs that Seek to Implement Reentry Programs
The Vera Institute of Justice (Vera) is soliciting applications from PHAs that would like to plan and implement reentry programs or change their policies toward people with conviction histories. Applications are due February 28, 2020. The goals of the initiative are the following (quoted from Vera): increase housing access for people with conviction histories and … Continue reading Vera Offering Technical Assistance to PHAs that Seek to Implement Reentry Programs
FY 2020 Annual Adjustment Factors Released
Tomorrow, HUD will publish in the Federal Register, fiscal year (FY) 2020 Annual Adjustment Factors (AAFs). These factors are used by certain Section 8 contracts to provide annual adjustments to monthly rents. These factors are used “to adjust contract rents for units assisted in certain Section 8 housing assistance payment programs during the initial (i.e., … Continue reading FY 2020 Annual Adjustment Factors Released
5 Things PHAs Can Do to Improve Landlord Participation
Yesterday, HUD held a landlord symposium in Indianapolis, Indiana. The Department recorded the sessions and will be making both the recordings and slides available soon. Until then, here is information from two slides from a presentation by a HUD official that I thought may be immediately useful. 5 Things PHAs Can Do to Improve Landlord … Continue reading 5 Things PHAs Can Do to Improve Landlord Participation
HCV CY 2020 Funding Renewal Letter
Yesterday, HUD sent a letter on calendar year (CY) 2020 renewal funding for the Housing Choice Voucher (HCV) program. The letter notes that the federal budget is currently operating on a Continuing Resolution (CR), which carries forward fiscal year (FY) 2019 funding through December 20, 2019. The letter provides information about housing assistance payments (HAP) … Continue reading HCV CY 2020 Funding Renewal Letter
HUD to Host Landlord Symposium in Indianapolis on Dec. 5th
On December 5, 2019 in Indianapolis, HUD will host a Landlord Symposium. The Symposium will be composed of two sessions: a morning session on the basics of the Housing Choice Voucher (HCV) program and an afternoon session on increasing landlord participation. HUD recommends attendees participate in both sessions. Morning Session (9 am to 12:30 pm): … Continue reading HUD to Host Landlord Symposium in Indianapolis on Dec. 5th
HUD Continues to Update HCV Guidebook
Earlier this month, HUD continued its process of updating the Housing Choice Voucher guidebook by posting new chapters. The new chapters are on Eligibility Determination and Denial of Assistance, Calculating Rent & Housing Assistance Payments (HAP), and Reexaminations. Currently available chapters include the following: Eligibility Determination and Denial of Assistance (NEW; posted Nov. 2019); Housing … Continue reading HUD Continues to Update HCV Guidebook
Indian Community Development Block Grant NOFA Released
HUD has release its Notice of Funding Availability (NOFA) for the Indian Community Development Block Grant (ICDBG). The ICDBG provides Native American tribal organizations with direct funds for use in developing Indian and Alaska Native communities. This includes decent housing, a suitable living environment, and economic opportunities, primarily for low and moderate income persons. Estimated … Continue reading Indian Community Development Block Grant NOFA Released
2020 Operating Funds Released into eLOCCS
On November 21, the President signed a Continuing Resolution (C.R.) to keep the federal government open and to extend funding until late December. Due to concerns stemming from the previous expiring C.R., the U.S. Department of Housing and Urban Development (HUD) has obligated Operating Funds to PHAs for January and part of February into the … Continue reading 2020 Operating Funds Released into eLOCCS