HUD Regulatory Compliance
Keeping up with all the operational regulations that HUD issues can be daunting. But we are here to help. LeadingAge staff tracks and analyzes HUD websites, notices and guidance to help you understand compliance requirements. Following are the most recent notices or policies statements straight from HUD.
We've featured some articles below, but be sure to check out all of our senior housing content.
On June 18, the U.S. Department of Housing and Urban Development (HUD) issued a memorandum on the increase to the maximum coverage the National Flood Insurance Program (NFIP) can offer to HUD Multifamily and Office of Residential Care Facilities (Other Residential) buildings containing 5 or more residential units.
On June 5, the U.S. Senate Appropriations Committee approved a fiscal 2015 Transportation-HUD appropriations bill similar to the measure previously approved by the U.S. House of Representatives Appropriations Committee. Although both measures provide a small increase in funding for Section 202 housing above the level available this year, we are concerned about the underfunding of Section 8 project-based rental assistance and the housing with supportive services demonstration program.
On June 3, the U.S. Department of Housing and Urban Development (HUD) announced that the Multifamily Housing Enterprise Income Verification (EIV) system had been updated and that new reporting functionalities had been incorporated. Among them: Internet browser compatibility, formats, calculations, and access changes to certain income and income discrepancy reports.
In the May 20 Federal Register, the U.S. Department of
Housing and Urban Development (HUD) issued an updated list of amounts specifically excluded by federal statute from consideration as income for purposes of determining eligibility or benefits in a HUD program. The list contains 3 new exclusions and changes to 2 of the existing exclusions.
LeadingAge has commented extensively on the recently proposed revisions to Section 8 Renewal Guide. We joined with a coalition of other housing association groups in commissioning a study on and recommending alternatives to the new benchmark against which owner Rent Comparability Study (RCS) rents would be assessed, according to the revision proposals. But, we also submitted many independent comments which focus on sustainability of senior housing with services.