Other Housing Information
Th area includes everything from disaster planning to preventing bedbugs.
The U.S. Department of Housing and Urban Development (HUD) budget did relatively well under the 2-year budget deal that the Congress negotiated last month, increasing the department's funding above the previously set sequestration levels. Unfortunately the bill failed to provide for the development of new Section 202 units as we had hoped.
Work reportedly began in January 2014 to consolidate operations for properties in the new Fort Worth/Kansas City region. Details regarding the planned transformation of other HUD Multifamily Housing operations and timing for consolidation of offices in other parts of the country have been updated.
LeadingAge has engaged the consulting services of
Gates Dunaway to help advise LeadingAge staff on preservation/finance-related
issues that may arise in the legislative and/or operational arenas, and as a
resource for members who may have targeted questions on existing guidance
related to preservation opportunities being considered or processes under
For the first time, more than half of all U.S. renters spend more than 30% of their income on rent, according to a new report by the Harvard Joint Center for Housing Studies. And, more than ever before, the private market struggles to provide decent housing that is affordable for people of even modest means.
Now that the government has
reopened, most U.S. Department of Housing and Urban Development (HUD)
operations should resume as normal. Rental subsidy payment authority may have
to be allocated frequently and in small amounts. And REAC physical inspections
and scheduling have resumed. Any member experiencing problems in the months to
come are encouraged to get in touch with LeadingAge staff.