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Committee Adopts “RAD for PRAC” Authority
A RAD expansion would allow interested 202/PRAC communities to convert their rental assistance to the Section 8 platform, through which the communities can leverage private capital to preserve their affordable housing over the long-term. “This is a small change in the way HUD operates that can make a big difference ...
Timely Insights from HUD Multifamily DAS
During a discussion with LeadingAge and a coalition of other housing provider, HUD staff gave timely updates on a range of topics. Among the most significant issues, the status of service coordinator grant funding for FY17, After more than seven months without funding: HUD ...
VAWA Regulation Supplements Final Rule
On June 30, HUD posted Notice H 2017-05 Violence Against Women Act (VAWA) Reauthorization Act of 2013 – Additional Guidance for Multifamily Owners and Management Agents. This 44-page notice provides guidance to owners and management ...
TRACS Release 2.0.3.A Delayed
The Tenant Rental Assistance Certification System (TRACS) Release 2.0.3.A has been delayed to 2018. It was previously scheduled for completion on October 31, 2017, but will now be available according to this new timeline: Feb. 1, 2018 Transition begins May 31, 2018 Transition ends June 1, 2018 TRACS ...
DOL Elects Not to Defend White Collar Overtime Rule
The rule was scheduled to take effect on December 1, 2016; however a Federal judge in Texas issued a nationwide injunction on November 22, 2016 that blocked the rule. The Obama administration, in December, 2016, appealed ...