News article by Matt Rayburn, Deputy Executive Director and Chief Real Estate Development Officer for IHCDA IHCDA has issued several notices with policy changes and program updates over the past three months in response to the COVID-19 pandemic. The goal of these notices has been to provide transparent, up-to-date information, to acknowledge the need for […]
IHCDA Updates: Keeping up with COVID-19 Policies Read More »
The 2020 USDA Rural Development income limits were updated via a special Procedure Notice effective 5/04/20. The Indiana MFH direct income limits can be found here and are effective June 1, 2020. The public link for the MFH direct income limits is below: https://www.rd.usda.gov/files/RD-MFHLimitMap.pdf MFIS tables, tenant certs and recerts effective 6/1/20 may be impacted
2020 Rural Development Income Limits Read More »
Last week, Indiana Governor Eric Holcomb introduced Back On Track Indiana. The Governor’s five-stage plan will open Indiana’s economy and protect Hoosiers’ health and well-being. “To get Back On Track, Indiana must continue to stay ahead of COVID-19. To do this, we will employ a three-pronged approach to detect the virus through robust testing, trace
Governor Holcomb’s Roadmap to Safely Reopen Indiana Read More »
We hope you are all doing well and keeping safe during these unprecedented times. AHAIN leaders created a member survey to help us understand the impact the COVID-19 pandemic is having on the affordable housing industry and its programs throughout Indiana. The intent of this survey is to find out how the COVID-19 pandemic is
COVID-19 Survey: How is your Business Managing with this Pandemic? Read More »
USDA’s COVID-19 Federal Rural Resource Guide lists federal programs that can help rural communities, organizations, and residents impacted by the COVID-19 pandemic (including technical, training, and management assistance; financial assistance; and state and local assistance). The COVID-19 Federal Rural Resource Guide can be found here. Rural Development is continuing to receive questions on COVID-19 related
USDA Publishes COVID-19 Federal Rural Resource Guide and FAQs Read More »
Please find below, a recently issued Stakeholders Announcement from USDA’s Office of Rural Development, titled USDA Implements Immediate Measures to Help Rural Residents, Businesses and Communities Affected by COVID-19 *Updated April 8, 2020*. Among the many updates, this announcement provides guidance on the following: Rural Development Tenant Vouchers, Implementing Eviction and Forbearance Moratoriums, Extension of
The USDA Rural Development National Office has made the following Stakeholder notifications: Click here for additional guidance from USDA National Rural Development. 1. Stakeholder Notification – Updated 3/31/2020 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
USDA RD Multi-Family Housing – External Questions and Answers Read More »
IHCDA has issued several RED Notices on how they are adapting certain programs and policies in response to the COVID-19 pandemic. They are listed below for your information: RED Notice 20-21 Market Analysis Capital Needs Assessments during COVID-19 – UPDATE #1 RED Notice 20-22 Tax Credit Relief under IRS Revenue Procedure 2014-49 IHCDA has decided
April 2020 IHCDA RED Notices and Helpful COVID-19 Information Read More »
April 2, 2020 – The USDA has released further information regarding the CARES ACT and RD515 loan forbearances which states all RD515 properties have the opportunity to defer loan payments up to 3 months, for those experiencing financial hardship from the COVID-19 pandemic. The deferred payments will be added to the final payment when the
USDA Released Further Information Regarding the CARES ACT and RD515 Loan Forbearances Read More »
On Tuesday, March 31, 2020 HUD released the 2020 Income Limits. To access the new income limits, visit the HUDUser website here. For HUD’s Multifamily Housing program, the new 2020 Income limits are effective 4/1/2020. All new certifications created and finalized 4/1/2020 or later will include the new income limits. Tips from Mary Ross, Ross
HUD Announces New 2020 Income Limits Read More »
