News from THDA’s Multifamily Programs Division

Good afternoon Program Participants and Other Interested Parties, The Multifamily Programs staff would like to inform our affordable housing partners that the Tennessee Department of Human Services (TDHS) has available Emergency Cash Assistance awards that provide two monthly cash payments to families that were employed as of 3/11/20, but have subsequently…

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Household Stimulus Payments for LIHC Income Calculations

April 20, 2020, Tennessee Housing Development Agency The U.S. Department of Housing and Urban Development (HUD) recently updated its COVID-19 FAQs for Multifamily Housing providers to clarify the treatment of household stimulus payments for income calculations. The updated FAQs can be found HERE. Specifically, the FAQs states: “Household stimulus payments…

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New Information on COVID19 from Rural Development

April 13, 2020 Rural Development is continuing to receive questions on COVID-19 (Coronavirus) related issues as they affect Multifamily housing properties across the country, and would like to provide additional guidance. Your assigned Servicing Official should remain your primary contact for questions, but the below consolidated frequently-asked questions may assist…

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Rural Development is monitoring the effects of COVID-19 (Coronavirus)

Rural Development is monitoring the effects that COVID-19 (Coronavirus) is having on the multifamily housing community and has been providing regular internal guidance to staff on how to answer questions they receive. Although your assigned Servicing Official should remain your primary contact for questions, we would like to provide answers…

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USDA Rural Development Launches COVID-19 Resource Webpage

WASHINGTON, March 27, 2020 – USDA Rural Development has launched a COVID-19 resource page to keep our customers, partners, and stakeholders continuously updated on actions taken by the Agency to help rural residents, businesses, and communities impacted by the COVID-19 outbreak. Visit www.rd.usda.gov/coronavirus for information on Rural Development loan payment…

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