In the News

In the News

HUD Announces Additional Funding for HOPE VI Program

July 31, 2009    

HUD has announced the availability of $113 million in funding for its HOPE VI program, which converts distressed public housing into mixed-income sites.

DOT, HUD, and EPA Form Interagency Partnership

July 4, 2009    

The U.S. Department of Transportation, Department of Housing and Urban Development, and Environmental Protection Agency have joined forces to create an interagency Partnership for Sustainable Communities to help improve access to affordable housing, more transportation options, and lower...

'Good Cause' Required to Terminate Lease

July 4, 2009    

A household in Minnesota lived in a tax credit unit under a one-year lease that stated the lease could be terminated upon 60 days' written notice. Before the end of the lease term, the management company sent a notice saying it would not renew the lease, but did not provide any explanation...

NMHC Creates Online Pandemic Flu Resource Center

May 31, 2009    

Although the number of swine flu cases is likely to drop this summer, it is expected to resurface in the fall and winter, according to the Centers for Disease Control and Prevention. To help site owners and managers develop or update their business continuity planning and emergency preparedness...

Benchmarking Tools Identify Energy-Saving Opportunities

May 6, 2009    

HUD's Office of Public and Indian Housing (PIH) was recently presented with an Energy Star Special Recognition Award for its dedication to furthering the Energy Star program. To promote energy efficiency in public housing, PIH has instituted guidelines, policies, and practices to encourage...

HUD Redefines 'Annual Income'

April 6, 2009    

March 30, 2009, marked the date that the U.S. Department of Housing and Urban Development's (HUD's) new rule on annual income was initially due to go into effect, changing the way that HUD and tax credit sites are expected to calculate annual income. In the final rule, Refinement of...

HUD Releases Videos for Deaf and Hard of Hearing

April 6, 2009    

The U.S. Department of Housing and Urban Development (HUD) has released online videos developed to educate deaf and hard-of-hearing consumers about their fair housing rights, housing counseling services, and loan programs offered by the Federal Housing Administration (FHA).

The videos...

Enforcing Occupancy Standards May Violate Fair Housing Act

March 8, 2009    

While federal guidelines suggest limiting occupancy to two persons per bedroom, sites cannot use occupancy standards to discriminate against residents based on their familial status. Residents of an Albuquerque, N.M., site filed that complaint with the U.S. Department of Housing and Urban...

HUD to Issue Final Rule Requiring Residents' Social Security Numbers

February 1, 2009    

In an RHIIP Listserv posted on Jan. 5, 2009, HUD alerted owners that it will soon publish a final rule revising regulations on the disclosure of Social Security numbers. The final rule will require all applicants for, and participants of, HUD's rental assistance programs to disclose their...

Single-Family Housing Starts Continue to Drop

February 1, 2009    

In October, single-family housing starts dipped 4.5 percent, from 549,000 units to 531,000, according to Census Bureau reports.

The slowdown was expected as “surveys of builder confidence and market expectations have been hovering in a historically low range for the past nine months...

Tax Credit Prices Continue to Drop

January 1, 2009    

Since June 2008, tax credit prices nationwide have fallen almost 5 cents per 10-year tax credit dollar. As of Oct. 1, 2008, tax credit prices are in the range of 75 to 82 cents per dollar. This figure represents a steep decline in value from a year ago, when prices were in the range of 90 to 95...