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A report recently issued by the Furman Center at New York University and Capital One examined rental housing affordability trends in the nation’s largest metropolitan areas (New York; Los Angeles; Chicago; Houston; Philadelphia; Dallas; San Francisco; Washington, D.C.; Boston; Atlanta; and Miami) from 2006 to 2013. According to the report, the supply of affordable rental housing failed to keep pace with demand in the 11 largest U.S. cities while rents rose faster ...
On June 2, in a Federal Register notice, HUD announced its intention to amend Fair Market Rent (FMR) regulations for the Housing Choice Voucher program. The notice seeks public comment regarding the use of small area FMRs (SAFMRs) in certain metropolitan areas. HUD proposes to use SAFMRs in the Housing Choice Voucher program instead of the current 50th percentile FMRs.
President Obama has threatened to veto a $55 billion Republican funding bill for the Departments of Transportation and Housing and Urban Development. The White House recently stated that Obama would reject the measure, which is known as THUD, on the grounds that it underfunds federal transportation and housing programs.
House Appropriations Transportation-HUD subcommittee recently approved a FY 2016 Transportation Housing and Urban Development (THUD) appropriations bill that would provide $42 billion for HUD, an increase of $1 billion above the FY 2015 enacted level and $3 billion below the Obama administration’s budget request.
HUD recently announced a voluntary compliance agreement with the Medina Metropolitan Housing Authority in Medina, Ohio, resolving allegations the housing authority discriminated against African Americans in the administration of its Section 8 Housing Choice Voucher program, a violation of Title VI of the Civil Rights Act of 1964 and the Fair Housing Act.
HUD recently announced a conciliation agreement with the Housing Authority of the City of Hazleton, Pa., settling allegations the housing authority discriminated against Hispanic households. The agreement resolves claims that the housing authority violated the housing rights of Spanish-speaking applicants and tenants by requiring them to supply interpreters in order to communicate with housing authority staff and by denying them limited English proficiency services.&nbs...
On May 1, Rep. Maxine Waters (D-CA), Ranking Member of the Committee on Financial Services, introduced H.R. 2231, the “Public Housing Tenant Protections and Reinvestment Act of 2015.” The bill would authorize full funding of the public housing program and seeks to provide additional funds to address the significant backlog of capital needs. The bill would require that, when public housing must be demolished or sold, the units affected would have to be replac...
HUD recently released its Housing Choice Voucher Administrative Fee Study. Congress directed HUD to gather comprehensive and detailed data on the administrative costs associated with operating the Housing Choice Voucher (HCV) program. The HCV program is administered by approximately 2,300 local, regional, and state PHAs. The funding these PHAs receive for running the HCV program includes the housing subsidy itself, plus administrative fees to cover the costs of running ...
The Davis–Bacon Act of 1931 is a U.S. federal law that sets the requirement for paying the local prevailing wages on public works projects for laborers and mechanics. It applies to “contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works.”
On March 31, HUD published a notice in the Federal Register establishing the terms and conditions by which HUD will approve an owner’s request to transfer the project-based rental assistance, statutorily required income-based use restrictions, and debt held or insured by HUD at a multifamily project that is obsolete or not economically viable to another property that is in better physical or financial condition.
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