The Office of Asset Management is starting the process to update the Multifamily Asset Management and Project Servicing Handbook. Public feedback is requested to improve the implementation and operational efficiency of multifamily projects for its internal asset management team, property owners, and management.
The U.S. Department of Housing and Urban Development (HUD) recently announced nearly $279 million in awards to properties across 23 states and territories under its Green and Resilient Retrofit Program (GRRP) to support significant energy efficiency and climate resilience renovations of more than 3,500 homes.
Expanding Solar Energy Benefits at HUD
The U.S. Department of Housing and Urban Development (HUD) and the Biden-Harris Administration are eliminating barriers to solar at multifamily housing and in HUD-supported public housing communities that serve low-income families, seniors, and people with disabilities.
Posted: 9/23/24
HUD Provides more Interest Rate Certainty through Interest Rate Collar
FHA and the Federal Financing Bank will implement a floor and a cap, called an interest rate “collar,” on the benchmark Treasury rate used to calculate the all-in rate provided to Housing Finance Agencies. This update to the Section 542(c) Housing Finance Agency Risk-Sharing Initiative will make it easier to use the program, thereby increasing the number of new, affordable multifamily properties that can be developed using risk-sharing program financing.
