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On Nov. 30, HUD issued a new set of regulatory waivers to help site owners and displaced families deal with the aftermath of Hurricane Sandy. After Hurricane Sandy hit the East Coast of the United States causing significant damage to property, loss of life, and displacement of individuals and families from their homes and communities, President Obama called upon all federal agencies to do everything in their power to assist the victims of the storm and to eliminate or reduce “red tape” that will impede the delivery of federal financial assistance and other needed benefits.
On Dec. 4, HUD released new income limits for fiscal year 2013 that determine eligibility for its assisted housing programs. The income limits took effect immediately. The income limits are set as a percentage of area median income adjusted for household size. The newly issued income limits and further information regarding the income limits can be found at www.huduser.org/portal/datasets/il/il13/index.html.
HUD is expected to announce a Final Rule implementing the revisions to the requirement for disclosure of Social Security numbers, says Linda Kornegay, director of HUD's Rental Housing Improvement Integrity Project (RHIIP) Listserv.
HUD recently released Notice PIH 2012-28 “State Registered Lifetime Sex Offenders in Federally Assisted Housing.” Although this notice was released under the Public and Indian Housing Department, it still applies to many multifamily programs. The notice supersedes Notice H 2009-11 and Notice PIH 2009-35.
On June 5, HUD announced that it's clamping down on excessive pay at public housing authorities, setting caps that extend and expand limits imposed by Congress. The action comes as HUD revealed that the top official at the Atlanta housing agency received a compensation package of $644,214, the highest in the country.
According to a recent report by the Center on Budget and Policy Priorities (CBPP), President Obama's fiscal year 2013 budget request for HUD is at least $1.7 billion below the amount needed to fully renew rental assistance provided this year under HUD's three major rental assistance programs for low-income households: the Housing Choice Voucher, public housing, and Section 8 project-based rental assistance programs.
Speaking at a Florida fundraiser recently, GOP presidential candidate Mitt Romney hinted he might eliminate the Department of Housing and Urban Development (HUD) and dramatically restructure the Department of Education if he becomes president.
The former Massachusetts governor and presumptive Republican nominee made his remarks at a closed-door event in the backyard of a private home. Romney spoke in detail about possible plans for HUD, which was led by his father, George Romney, during the Nixon administration. Mitt Romney said to the donors that he may eliminate HUD.
On March 19, two brothers of a former Los Angeles Housing Authority official charged in an elaborate scheme to steer construction contracts to family-controlled companies pleaded guilty. According to the U.S. attorney's office, the two brothers had earlier pleaded not guilty to conspiracy charges, but changed their pleas.
Fitch Ratings recently downgraded the following Philadelphia Housing Authority and the Redevelopment Authority of the City of Philadelphia capital fund bonds:
$85 million Philadelphia Housing Authority capital fund program (CFP) revenue bonds, series A of 2002—to AA- from AA; and
$65 million Redevelopment Authority of the City of Philadelphia capital fund program revenue bonds series B of 2002 and series C and D of 2003—to AA- from AA.
Iowa Senator Charles Grassley is calling on HUD to launch an investigation into the Providence Housing Authority (PHA) after accusations were made by an employee.
Last month, a PHA executive administrative officer sent a 37-page complaint that includes allegations of “serious misconduct, fraud, and perhaps criminal activity,” as well as sexual harassment by the agency's executive director, to the Mayor's office and various agencies, including the Attorney General's office, HUD, and the Department of Labor and Training.
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