What’s trending in Affordable Housing



April 02, 2017

Affordable Housing Blog

Author(s): Nathaniel S. Cushman, Deborah VanAmerongen

HUD issues guidance on additional management fees to implement a homeless preference, “Letters of Interest” for the RAD program, Sec. Carson calls for less regulation and discusses more holistic community development approach. Here’s what’s trending in affordable housing.

HUD

HUD issues guidance on additional management fees to implement a homeless preference

Late last year HUD issued a Memorandum, which allows management agents to charge both “special” and “add-on” management fees to cover the cost of implementing and maintaining a homeless preference.—Deborah VanAmerongen

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At NAHRO conference, Sec. Carson calls for less regulation; discusses more holistic community development approach

Secretary Ben Carson spoke Monday morning, March 27, at the annual DC conference of the National Association of Housing and Redevelopment Officials (NAHRO) focusing his remarks on the need to reduce burdensome regulation. He also discussed the idea of a more holistic approach to community development and bridging across traditional subject matter areas in order to address community needs. Is it possible that such an approach could find broader support in the Trump Administration?—Nathaniel Cushman

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RAD

HUD guidance on “Letters of Interest” for the RAD program

The RAD program now allows PHAs to submit a Letter of Interest to be placed on the RAD Component 1 waiting list rather than submitting a whole application.—Deborah VanAmerongen

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Upcoming Events

Fair Housing: Prologue, Policies & Possibilities

Location: Nixon Peabody LLP | Washington DC

Date: April 26, 2017

Speakers: Harry Kelly, Michael Reardon, Nate Vander Wal, Tatiana Gutierrez Abendschein

Topics include: In this dynamic series of presentations and panel discussions, experts will share an overview of federal and local fair housing laws and discuss “Disparate Impact in the Wake of Inclusive Communities.” The final panel will round out the session with a conversation on “AFFH Issues and Implications.”

Current Issues in Affordable Housing in New York City

Location: New York City Bar |New York, NY

Date: May 4, 2017

Speaker: Meghan Altidor

Topics include: Current strategies to finance and preserve affordable housing projects in New York City, new housing tax incentives, alternative model for permanent affordability—community land trusts and a new strategy for public housing.

The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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