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Elderly Housing Coalition Supports Housing Credit Expansion
In a July 31 letter, the Elderly Housing Coalition asks Senators to co-sponsor S. 548, the Affordable Housing Credit Expansion and Improvement Act. The bill, Elderly Housing Coalition members say, would make ...
RAD for Section 202 & Full Renewal Funding in Senate Bill
Together, these three pieces of the Senate’s HUD bill represent a victory for affordable housing for older adults. The Senate’s HUD FY18 bill rejects the Administration’s requests to freeze rents for private owners of HUD-subsidized communities and increase rents for residents, while also fully funding ...
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 ...
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 ...