Author name: Amanda Clark

USDA GUIDANCE ON IMPLEMENTING REVITALIZATION RELIEF PLANS FOR APPROVED MPR DEFERRAL TRANSACTIONS

The intent of this Unnumbered Letter (UL) is to provide guidance on the implementation of Rural Development’s (RD) relief efforts for Borrowers with accepted Conditional Commitments that contain debt deferral as a financing tool in its Multifamily Preservation and Revitalization (MPR) Demonstration program for Sections 514, 515 and 516 projects. The MPR Demonstration program’s intent

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HOW MUCH DO YOU NEED TO EARN TO AFFORD A MODEST APARTMENT IN INDIANA?

About the Report Out of Reach 2017 documents the gap between renters’ wages and the cost of rental housing. The report’s Housing Wage is the hourly wage a full-time worker must earn to afford a modest rental home without spending more than 30% of his or her income on housing costs. It is based on

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AHAIN EDUCATION

Trouble finding time to train your new site managers? We are here to help you… Let us train your new staff and you will have more time to enjoy your summer vacation! AHAIN offers courses to get your new site managers up and running. June 24, 2017 – New Site Manager Basics for Rural Development

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SECRETARY PERDUE NAMES ANNE HAZLETT TO LEAD RURAL DEVELOPMENT AT USDA

AHAIN Regulatory Update – June 14, 2017 On June 12, 2017, U.S. Secretary of Agriculture Sonny Perdue announced Anne Hazlett as the Assistant to the Secretary for Rural Development. Hazlett, who most recently served as Chief Counsel to the Majority on the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, will now oversee the Rural

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AHAIN SCHOLARSHIP IN MEMORY OF RALPH E BIGGS RECIPIENT SELECTED

The Affordable Housing Association of Indiana Scholarship Committee has selected this year’s recipient of the 2017 AHAIN Scholarship in Memory of Ralph E. Biggs. Drumroll, please…. Congratulations Kimblerley Rowe! Kimberley is a resident of Ravine Heights Apartments Phase II, managed by Imperial Management, in Attica, Indiana. Cindy Eller manages the property where Kimblerley lives. Ms.

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USDA RD PROVIDES GUIDANCE ON REFINANCING EXISTING LOANS IN THE SECT. 538 GRRHP

USDA RD released an Unnumbered Letter (UL) on May 3, 2017, providing guidance on refinancing existing loans in the Section 538 Guaranteed Rural Rental Housing Program (GRRHP). The intent of this UL is to provide guidance on loan refinancing for existing properties with Section 538 GRRHP loan guarantees where the Agency determines that refinancing is

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