Despite the challenges posed by COVID-19, NAHRO remains committed to connecting members and others with industry leaders and important perspectives. In lieu of our cancelled Washington Conference, we put together a complimentary virtual convening on March 30-31, and are now pleased to provide links to both events.
Dr. Raphael Bostic, President of the Federal Reserve Bank of Atlanta, discussed the bank’s reaction to the COVID-19 crisis, presented on Inclusive Economic Development: Lessons and Challenges, and took questions from attendees. View this webinar here.
Dr. Mark Calabria, Director of the Federal Housing Finance Agency, discussed FHFA’s reaction to the COVID-19 crisis, its mission, its role in the housing sector, and his thoughts on critical milestones ahead. View this webinar here.
Thank you to Yardi for sponsoring both events!
Watch out for more virtual events as NAHRO continues to provide its members with the news, analysis, and guidance they need.
NAHRO has reviewed a press release from the U.S. Department of Treasury and the Internal Revenue Service (IRS) that announces Social Security beneficiaries will automatically receive their Economic Impact Payments. This announcement will allow many seniors and low-income individuals, that have not filed a tax return, to receive their Economic Impact Payment without requesting it. There was a previous concern that Social Security recipients, that did not file a tax return in 2018 or 2019, would have to file a special simple tax return to receive their Economic Impact Payment.
NAHRO is maintaining a coronavirus resource page at www.nahro.org/coronavirus. The Treasury Department and IRS press release is reprinted below and is available at home.treasury.gov/news/press-releases/sm967.
Social Security Recipients Will Automatically Receive Economic Impact Payments
April 1, 2020
WASHINGTON – The U.S. Department of the Treasury and the Internal Revenue Service today announced that Social Security beneficiaries who are not typically required to file tax returns will not need to file an abbreviated tax return to receive an Economic Impact Payment. Instead, payments will be automatically deposited into their bank accounts.
“We want to ensure that our senior citizens, individuals with disabilities, and low-income Americans receive Economic Impact Payments quickly and without undue burden,” said Secretary Steven T. Mnuchin. “Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their payment directly to their bank account.”
The IRS will use the information on the Form SSA-1099 and Form RRB-1099 to generate $1,200 Economic Impact Payments to Social Security recipients who did not file tax returns in 2018 or 2019. Recipients will receive these payments as a direct deposit or by paper check, just as they would normally receive their benefits.
Tomorrow, HUD will publish a notice in the Federal Register announcing the creation of a HUD guidance portal. In the process of complying with a presidential executive order, the Department conducted a review of all of its guidance and ensured that those documents that remain in effect were linked to a single website that could be searched. The single searchable database containing all of HUD’s guidance can be found at: http://www.hud.gov/guidance.
The National Association of Housing and Redevelopment Officials applauds HUD for creating this searchable index and looks forward to further refinements.
The pre-publication copy of the notice announcing this portal can be found here.
Tomorrow, HUD will publish in the Federal Register two notices. The first states the new Operating Cost Adjustment Factors (OCAFs) for 2020. The second asks for help in identifying laws, regulations, and guidelines across various levels of government that artificially raise the costs of affordable-housing development.
- Notice of Certain Operating Cost Adjustment Factors for 2020 – This notice establishes the OCAFs for 2020. They are applicable on February 11, 2020. Operating Cost Adjustment Factors are used to adjust Section 8 rents for certain project-based contracts. (These are different than renewal funding inflation factors [RFIFs] which are–in general–applicable to a different Section 8 program–the Housing Choice Voucher program.)
- White House Council on Eliminating Regulatory Barriers to Affordable Housing; Request for Information – This notice seeks to identify “Federal, State, local, and Tribal laws, regulations, and administrative practices that artificially raise the costs of affordable-housing development and contribute to shortages in housing supply.” While it notes that some regulations are useful and provide a benefit, it seeks information on those rules where the costs outweigh the benefits. The notice seeks “data, other information, analyses, and recommendations on methods for reducing these regulatory barriers.” Comments will be due in 60 days from the date of publication (tomorrow).
The pre-publication copy of the OCAFs can be found here.
The pre-publication copy of the request for information on regulatory barriers to developing affordable housing notice can be found here.
An official at HUD has let me know that the Department has updated the Housing Choice Voucher (HCV) program Two-Year Tool. The Two-Year Tool allows PHAs to model HCV program behavior so that they can make informed decisions on how to manage their HCV programs.
To use the tool, PHAs should enter their PHA code and click “Open and Populate Tool.” End users may need to enable macros in Excel for the tool to work properly.
The following changes have been made to the tool:
- An option to break out a PHA’s program into its main components (e.g., tenant-based vouchers, regular project-based vouchers, Rental Assistance Demonstration project-based vouchers (RAD-PBVs), etc.);
- This feature can be found in “Access Additional Tools”;
- Options to take into account a growing PBV program (the Two-Year Tool now includes a PBV.RAD tab that examines a PHA’s PBV program in detail–including information from VMS, PIC, and other HUD administrative data sources);
- If applicable, this tab will open automatically;
- An option to look at prior years’ SEMAP scores; and
- An option to look at historical UML, UMA, HAP, and PUC information for a PHA’s special-purpose vouchers.
Questions on the Two-Year tool can be directed to Patrick Hatch.
The tool can be found here.
The HUD Office of Recapitalization sent a RADBlast! email reminding those on the Rental Assistance Demonstration (RAD) email list that HUD will be hosting live public webinars on sections of the new RAD notice. The webinars will be recorded and posted on the RAD Resource Desk.
The schedule can be found below:
- Public Housing Conversions, September 19, 2019, 2 pm ET; Register here;
- Section 202 Project Rental Assistance Contract (PRAC), September 26, 2019, 2 pm ET; Register here;
- Moderate Rehabilitation (Mod. Rehab.), October 3, 2019, 2 pm ET; Register here;
- Resident Rights in Public Housing Conversions, October 10, 2019, 2 pm ET; Register here;
- Resident Rights in Section 202 PRAC and Mod. Rehab. Conversions, October 17, 2019, 2 pm ET; Register here.
The new RAD notice (Rev. 4) can be found here.
Tomorrow, HUD will publish in the Federal Register a proposed rule titled “Housing Opportunity Through Modernization Act of 2016: Implementation of Sections 102, 103, and 104” (pre-publication copy). This proposed rule is the first regulatory step toward implementing certain provisions of the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The Department is seeking comment on certain aspects of the implementation. Comments on the proposed implementation of these provisions will be due 60 days after official publication.
A brief, non-exhaustive list of the topics covered by the proposed rule can be found below. The National Association of Housing and Redevelopment Officials will provide additional details as staff continue to examine the proposed rule.
Earlier today, HUD released the new Rental Assistance Demonstration (RAD) notice: “Rental Assistance Demonstration – Final Implementation, Revision 4” (Notice H-2019-09; PIH-2019-23 (HA)). The RAD program allows for units to be converted from certain Department of Housing and Urban Development (HUD) funding streams, such as public housing, to either a Section 8 project-based voucher (PBV) funding stream or a Section 8 project-based rental assistance (PBRA) funding stream. There are several major changes in this notice, including changes to the First Component of RAD (which allows public housing units to be converted to PBV or PBRA) and implementation of the 2018 Appropriations Act provision allowing Section 202 project rental assistance contracts (PRAC) to be converted to PBV or PBRA.
The changes to the First Component of RAD include the following:
- A policy that RAD rents will be updated every two years (RAD awards after each update will use the updated rents);
- A newly added “Concept Call” step to the RAD process, to allow PHAs to receive confirmation that project plans are sufficiently advanced to submit a Financing Plan;
- More stringent notice requirements for residents in developments to be converted (the new notice details resident participation requirements at each step of the RAD process);
- A policy that all households residing in regular PBV units will have the same resident rights extended to them as households that reside in RAD-PBVs in converted developments;
- A mechanism for PHAs to enter into partnerships with each other to convert developments;
- A policy allowing for rent increases in certain scenarios for PBRA conversions, such as developments located in Opportunity Zones;
- Elimination of the requirement to submit the Capital Needs Assessment (CNA) tool in certain scenarios; and
- Other changes (including changed requirements for portfolio awards, a change in how PHAs report debts owed, and broadening the use of “tiered environmental reviews”).
At this time, NAHRO staff are still reviewing the new notice. Additional analysis will be provided in future NAHRO publications.
The RAD Notice, Revision 4 can be found here.
[2:17 pm edit – The new notice can also be found on HUD’s RAD website here.]
On Tuesday, August 27, at 2pm eastern time, NAHRO will be hosting a complimentary webinar in preparation for the release of the 2020 Fair Market Rents and the appeal process. Below is information on the session and the registration link. This session is for agencies of all sizes from the smallest to the largest and will discuss HUD’s process, the options and first-hand PHA experiences.
Using Research Surveys to Raise Your FMR
Do the Fair Market Rents (FMRs) in your area match on-the-ground rental prices that your voucher applicants encounter? If they do not, then this webinar will show you how to increase your FMRs. You will learn about two methods to conduct research surveys. This research survey data can be submitted to HUD to show that on-the-ground rental prices exceed the FMR, allowing HUD to increase the FMR to match the actual rental prices in your area. Bring your questions and comments and prepare your PHA for the 2020 FMRs to be released in a few weeks!
Please register for Using Research Surveys to Raise Your FMR on Aug 27, 2019 2:00 PM EDT at:
After registering, you will receive a confirmation email containing information about joining the webinar.
LAST CHANCE TO REGISTER. NAHRO is hosting a complimentary Public Housing Unit Preservation Webinar tomorrow, Tuesday, July 2, at 1pm eastern time. Join Andy Rodriguez, Executive Director of the Nampa (ID) Housing Authority; Edward Mayer, Executive Director of the Housing Authority of the County of Butte (CA); and Georgi Banna, NAHRO’s Director of Policy and Program Development who will share and overview of the preservation options and will their experiences and decision making process in preserving their Public Housing units.
This session is for agencies of all sizes from the smallest to the largest and will discuss HUD’s outreach, the options and first-hand PHA experiences. Below is information on the session and the registration link.
Public Housing Preservation Options – The PHA Perspective
Has HUD reached out to your agency to discuss the future of your public housing? Join us for this complimentary session to review your options, and the NAHRO Policy team is here to provide more information and help sort through a lot of the chatter. Are you interested in joining the Rental Assistance Demonstration (RAD), using the Section 18 Demolition/Disposition program, removing your Declaration of Trust, participating in a streamlined voluntary conversion process, or continuing in public housing? We’ll provide overviews of the options available to PHAs of all sizes and discuss HUD’s plans for the future. We will also be joined by Andy Rodriguez of the Nampa (ID) Housing Authority and Edward Mayer of the Housing Authority of the County of Butte (CA), who will share their experiences and decision making process in preserving their Public Housing.
Please register for Public Housing Preservation Options – The PHA Perspective on Jul 2, 2019 1:00 PM EDT at:
After registering, you will receive a confirmation email containing information about joining the webinar.