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The House of Representatives recently passed a bill reauthorizing the “Family Self Sufficiency Act” (HR 4258). Since its establishment, the FSS program has enabled families living in public or project-based assisted housing or using Housing Choice Vouchers to access workforce training and other resources to pursue higher paying employment opportunities. Families enrolled in the FSS program receive an interest-bearing escrow account, allowing them to save and...
The Senate Committee on Banking, Housing, and Urban Affairs recently voted to recommend two nominees for HUD assistant secretary positions. The nominees will next be voted on by the full Senate; the timing for such a vote is uncertain. The nominees are Brian Montgomery for HUD assistant secretary for Housing and commissioner of the Federal Housing Administration and Robert Kurtz for assistant secretary for Public and Indian Housing. Both Mr. Montgomery and Mr. Kurtz wer...
President Trump recently signed into law a Continuing Resolution (CR, H.J. Res. 123) to keep the federal government funded through Dec. 22. The new CR funds federal programs, including HUD, at FY 2017 levels and extends the National Flood Insurance Program and the Children's Health Insurance Program through Dec. 22 and 31, respectively.
The Senate Banking Committee recently approved the “Economic Growth, Regulatory Relief and Consumer Protection Act” (S. 2155). The bill incorporates the Protect Tenants at Foreclosure Act and the Family Self-Sufficiency Act, which provide important protections and opportunities for low-income renters.
HUD recently issued Notice PIH 2017-24, “Guidance on Third-Party Agreements Encumbering Public Housing Property.” The notice discusses the HUD approval process for specific types of agreements that encumber a PHA’s use or interest in public housing property.
President Trump has nominated Irving Dennis to be HUD’s chief financial officer. The Senate will have to confirm Dennis’ nomination. Dennis recently retired after more than 36 years with Ernst & Young, where he was a global client service partner. According to his LinkedIn profile, he primarily served large global complex companies specializing in franchising operations, consumer products, distribution, and manufacturing.
HUD recently announced a package of 19 regulatory and administrative waivers aimed at helping communities to accelerate their recovery from Hurricanes Harvey, Irma, and Maria. While HUD granted a number of individual waivers following disasters in the past, the recent announcement represents one of the largest collections of regulatory and administrative waivers ever issued by the Department at one time.
In a recent disaster recovery update call from HUD’s Office of Multifamily Housing Programs, HUD reported the numbers of HUD-assisted properties and units in disaster-affected areas in Texas, Florida, Georgia, Puerto Rico, the Virgin Islands, and California, as well as the number of on-site disaster assessments that have been completed in Texas, Florida, and California as of Oct. 31. Here are the provided numbers regarding properties in the affected areas:
The House Financial Services Committee recently held an oversight hearing to discuss current HUD activities and programming with HUD Secretary Ben Carson. He defended the Trump administration’s proposed cuts to HUD’s budget. He emphasized that the HUD budget is based on evidence and that he wants to ensure that HUD’s efforts lead people out of poverty. Carson referenced private-public partnerships like the Rental Assistance Demonstration (RAD) and the ...
In a recent conference call to give updates on hurricane recovery efforts, HUD stated that in Puerto Rico and the Virgin Islands, it will begin withholding rental assistance (Section 8) for units without electricity. According to HUD, sites without electricity do not meet the agency's requirements for decent, safe, and sanitary housing.
HUD is also requesting information on any vacancies in Florida properties that could provide housing for assisted famil...