The Section 8 renewal guide FAQ includes a significant new preservation opportunity - namely the ability of a non-profit owner to qualify for an Option 1, “Mark-up-to-Market” (“MU2M”) HAP contract under Option 1b.
HUD announced January 20 the availability of $15 million in funding for up to 80 participants in a new Supportive Services Demonstration for Elderly Households in HUD-Assisted Multifamily Housing. The purpose of the Demonstration is to produce valid evidence about the impact of supportive services for the elderly on health outcomes. The deadline was recently extended from April 18 to April 22.
All service coordinators working in U.S. Department of Housing and Urban Development (HUD) multifamily assisted housing serving the elderly and/or people with disabilities must complete and submit the Semi-Annual Performance Report, form HUD-92456. There are a number of other reports required, as well, several of which have now been updated.Late 2015, HUD received approval from the federal Office of Management and Budget to revise and eliminate some forms used in the Service Coordinator in Multifamily Housing for the Elderly and Disabled program. HUD has developed an informational pdf presentation about the forms changes that can be useful for an abbreviated review of processing and quality assurance as well.
On Feb. 15, 2013, the U.S. Department of Housing and Urban Development (HUD) issued "Implementation of the Fair Housing Act’s Discriminatory Effects Standard," a regulation that codifies the standard for assessing "disparate impact" liability for practices in sales, rentals, or other housing-related activities. As a result, LeadingAge members could be found liable for discrimination under the Fair Housing Act "regardless of whether there was an intent to discriminate."On April 4, 2016, HUD's Office of General Counsel (OGC) issued a 10-page memo outlining how the 3-step process would be applied to criminal history policies used by housing providers to determine whether their criminal screening history reviews sufficiently consider such factors as type of crime and length of time since conviction, and whether any discriminatory effect caused by the practice is justified
All Section 236 loans will mature in the next 3 years, so HUD is encouraging all owners and managers of Section 236 projects to take advantage of regulatory requirements, incentives, and other affordability options available now to preserve their properties as affordable housing. The U.S. Department of Housing and Urban Development (HUD) posted How to Preserve and Recapitalize a Section 236 Property a recent a webinar offering training and information on such preservation financial considerations as mortgage prepayment and IRP decoupling, rental considerations, applying for tenant protection vouchers, and taking a project with RAP or Rent Supplement subsidy through a RAD conversion.