News related to "affordable housing"

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HUD Issues Updated Rent Increase Guidance for PRAC Owners

On March 25, 2020 by Bobbie Guidry

As of March 18, HUD has restarted routine processing and approval of Section 202 PRAC rent adjustments to increase Reserve for Replacement deposits. There have been several updates to field office procedures for reviewing Capital Needs Assessments (CNAs) and determining how capital needs should be reflected in annual PRAC project operating rents.   

Affordable Housing: HUD Postpones REAC Inspections, Provides COVID-19 Guidance

On March 17, 2020 by Bobbie Guidry

HUD announced last week that the Real Estate Assessment Center (REAC) is postponing all property inspections on all public housing, multi-family housing, and servicing mortgagee properties. This includes senior housing. 

HUD Seeks 15% Budget Cut but More Funding for Section 202 Housing

On February 18, 2020 by Jodi Boyne

Yes. You read that correctly. The U.S. Department of Housing & Urban Development (HUD) is seeking a 15% cut to its own funding in fiscal year 2021 that will have a detrimental impact on programs that serve older adults. 

New Video Resource: PRACtical RAD Overview

On February 18, 2020 by Bobbie Guidry

The U.S. Housing & Urban Development Department (HUD) has released the first of a series of short videos on RAD for PRAC.  

VOA Receives Section 2020 Housing for the Elderly Grant

On February 12, 2020 by Jodi Boyne

Volunteers of America in Minnesota is one of 18 aging services providers who received new grant funding from the U.S. Department of Housing & Urban Development (HUD) to support affordable housing for older adults. 

Trump Administration Efforts on Fair Housing and Public Charge Pose Concerns for Aging Services Providers

On January 29, 2020 by Jodi Boyne

The Trump Administration is working on three major changes in the area of affordable housing and pathways to citizenship that will weaken obligations to fair housing, lessen resources for affordable housing, and discourage older adults from receiving needed assistance. 

HUD Proposal Would Weaken Fair Housing Enforcement

On January 21, 2020 by Bobbie Guidry

The U.S. Department of Housing & Urban Development (HUD) last week published a proposed rule that would weaken the Fair Housing Act enforcement tool to Affirmatively Further Fair Housing (AFFH).  

Spending Bill Avoids Shutdown, Contains New Housing Funds

On December 18, 2019 by Bobbie Guidry

House and Senate leaders have reached a spending agreement and it is anticipated the final fiscal year 2020 appropriations package will be signed into law by midnight Dec. 20. 

Final HUD Bill Elusive

On November 12, 2019 by Jodi Boyne

Congress has yet to pass a FY20 HUD appropriations bill as the House and Senate Appropriations Committee have not reached an agreement on spending limits. 

Free HUD 202 Webinar: RAD for PRAC - What 202 Owners Need to Know

On October 1, 2019 by Bobbie Guidry

Need an overview of the new RAD for PRAC authority and what it means for the preservation of 202/PRAC communities? Participate in free, members-only webinar on Wednesday, Oct. 16 at 3 p.m.  

Oct. 22 Affordable Housing Workshop

On September 24, 2019 by Bobbie Guidry

Attention Directors and Service Coordinators of Affordable Housing and HUD Buildings: Be sure to attend our Oct. 22 workshop to receive critical and timely updates on state and national issues that affect your operations, funding and services to those you serve.  

Section 202/PRACs Can Now Leverage Private Capitol to Preserve Affordable Housing

On September 10, 2019 by Bobbie Guidry

Effective immediately, HUD providers of Section 202 Housing for the Elderly with Project Rental Assistance Contracts (202/PRACs) can begin to leverage private capital to preserve their affordable housing over the long-term.  

Congress Returns with Packed Agenda

On September 10, 2019 by Jodi Boyne

Congress returned from recess on Sept. 9 with a long to-do list, which LeadingAge national has unpacked to help you stay up-to-date on key issues affecting our field.   

More Hurdles to Prove Housing Discrimination

On August 28, 2019 by Bobbie Guidry

LeadingAge will submit comments to a new proposed rule from the U.S Housing & Urban Affairs Department (HUD) that would make drastic changes to the current process for asserting Disparate Impact.

Housing Support Approved as New Medicaid Benefit

On August 20, 2019 by Jodi Boyne

Minnesota seniors and people with disabilities soon will have more help finding and keeping housing, thanks to new services coming to the state’s Medicaid program next year. 

RAD for PRAC Implementation Guidance Delayed

On August 13, 2019 by Bobbie Guidry

The release of guidance implementing Rental Assistance Demonstration (RAD) for PRAC, expected earlier this spring or summer, is still delayed and may not be issued until early fall.  

Spending Caps Deal Allows Funding Bills to Move

On August 6, 2019 by Jodi Boyne

The White House and Congress reached a deal to raise the federal budget caps for fiscal years 2020 and 2021.  

NSPIRE Voluntary Demonstration Open Registration Announced

On July 30, 2019 by Bobbie Guidry

The U.S. Department of Housing and Urban Development announced that property owners/agents and Public Housing Authorities across the country can pre-register one or more of their properties to be considered for selection in the demonstration to develop and test a new format for conducting the physical inspection of HUD-subsidized properties. 

Affordable Housing: 202 PRAC Reserve Levels Frozen, FY19 Renewals Very Tight

On July 30, 2019 by Bobbie Guidry

LeadingAge has been informed by HUD officials that 202 PRAC funding availability is very tight right now and will remain so for the remainder of FY19.  

Report: Low Production Pushes Housing Costs Up

On July 16, 2019 by Jodi Boyne

A new report from the Joint Center for Housing Studies of Harvard University found that housing production is not keeping pace with the nation’s growth of households, which is creating higher housing costs and increased housing affordability struggles for low- and moderate-income households.  

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