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…
Rural Development Multi-Family Housing Income Limits updated for 2020:
The 2020 income limits were updated via a special PN effective 5/04/20. The public link for the multi-family housing direct income limits is below: Also please be aware that a new income band has been added: MODERATE INCOME-GUAR LOAN IS DEFINED AS THE GREATER OF 115% OF THE U.S. MEDIAN…
Information concerning the COVID-19 pandemic:
April 30, 2020, Council for Affordable and Rural Housing The Council for Affordable and Rural Housing has posted some wonderful information concerning the COVID-19 pandemic:
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…
National Food Pantry Network
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…
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…
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…
USDA Rural Development Multi-Family Housing
March 25, 2020 Multi-Family Housing is taking several steps to help owners, management agents and tenants maintain quality housing during the COVID-19 outbreak. Specifically, three immediate steps are effective for Section 515 Multi-Family properties: • Tenant certifications due March 31, April 30 and May 31 for Multi-Family properties have been…
Questions and Answers for Office of Multifamily Housing Stakeholders
March 13, 2020 Emergency Preparedness Please click here for a complete statement from the Centers for Disease Control Q1: Who is coordinating COVID-19 efforts for Multifamily Housing (MFH)? Who will be the point of contact for housing providers? A: Owners and agents should contact their field MFH Account Executive or…