HAC News
Shawn Poynter / There Is More Work To Be Done
Shawn Poynter / There Is More Work To Be Done
News Formats. pdf
November 11, 2019
Vol. 48, No. 24
Federal funding extended to December 20 • Community Development Block Grant offered for Indian Tribes and Alaska Native Villages • USDA proposes changes for direct homeownership loans and grants • CRA reform proposal expected this week • Proposed new director of homelessness council has criticized “housing first” and food programs • House advances bill to help tribes combat homelessness • Disaster recovery bill passes House • House committee approves farmworker and rental preservation bill • HUD requrests comments on regulatory barriers • FCC to establish fund for 5G service in rural areas • Pop Quiz with David Lipsetz • Broadband USDA Funding • Food Security Starts with Affordable Housing for farmworkers • Increasing Access to Affordable Housing for Farmworkers • Increasing access to Affordable Housing in Indian Country • Perspectives from Main Street: Bank Branch Access in Rural Communities • SAVE THE DATE FOR HAC’S 2020 RURAL HOUSING CONFERENCE! • HAC offers Section 502 packaging training for nonprofits, March 10-12 in Virginia • Need capital for your affordable housing project?
HAC News Formats. pdf
December 11, 2019
Vol. 48, No. 24
Federal funding extended to December 20.
The second short-term continuing resolution for fiscal year 2020 keeps the federal government open with FY19 funding levels through December 20. Congress may pass the 12 appropriations measures for FY20 by then. If members cannot agree, however, another CR is likely.
Community Development Block Grants offered for Indian Tribes and Alaska Native Villages.
Tribes, Alaska Native villages and tribal organizations are eligible to apply by February 3 for the Indian CDBG program. Funds from fiscal years 2019 and 2020 will be awarded in this grant cycle. For more information, contact ONAP-ICDBG@hud.gov.
USDA proposes changes for direct homeownership loans and grants.
Comments are due January 24 on a proposed rule intended to increase the flexibility of the Section 502 direct and Section 504 programs and improve borrower access. The proposal would remove various program restrictions and increase alignment with provisions in the Section 502 guaranteed loan program. Some of the more significant changes remove limitations in the Section 504 program, increasing the program loan and grant limits. For more information, contact Andrea Birmingham, RD, 202-720-1489.
CRA reform proposal expected this week.
The Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency are expected to release possible changes to their Community Reinvestment Act rules on December 12 and 13. The third federal bank regulator, the Federal Reserve Board, will make a separate proposal in the future. The regulators are likely to suggest ways to make banks’ CRA tests more quantifiable and to provide CRA credit for activities beyond the physical locations of their branches. Public comments on the FDIC/OCC proposed rule will probably be due in mid-February.
Proposed new director of homelessness council has criticized “housing first” and food programs.
News outlets including Politico are reporting that Robert Marbut will become executive director of the U.S. Interagency Council on Homelessness if confirmed by the council at a December 10 meeting. Obama appointee Matthew Doherty left the position in November. Marbut has not supported provision of housing as the first step in addressing homelessness and has recommended “24/7 programming” rather than feeding homeless people.
House advances bill to help tribes combat homelessness.
Legislation recently passed by the House of Representatives would make tribes and tribally designated housing authorities eligible to access homeless assistance grants through state or local Continuums of Care. The Tribal Access to Homeless Assistance Act (H.R. 4029) must next advance through the Senate.
Disaster recovery bill passes House.
H.R. 3702, the Reforming Disaster Recovery Act, was approved by the House on November 18. The bill’s provisions would help target Community Development Block Grant-Disaster Recovery grants to survivors with the greatest needs, ensure greater data transparency and oversight, protect civil rights and fair housing, and encourage mitigation and resiliency. A companion measure, S. 2301, has been introduced in the Senate.
House committee approves farmworker and rental preservation bill.
On November 21 the House Judiciary Committee passed the Farm Workforce Modernization Act (H.R. 5038), which includes provisions relating to farmworkers and rural rental housing preservation. The bill is scheduled for consideration by the full House of Representatives on December 11 or 12.
HUD requests comments on regulatory barriers.
As required by President Trump’s June Executive Order establishing a White House Council on Eliminating Regulatory Barriers to Affordable Housing, HUD seeks public comment by January 21 on federal, state, local and tribal laws, regulations, land use requirements and administrative practices that artificially raise the costs of affordable housing development and contribute to shortages in housing supply. For more information, contact Pamela Blumenthal, HUD, 202-402-7012.
FCC to establish fund for 5G service in rural areas.
The Federal Communications Commission will create a 5G Fund to make up to $9 billion available to carriers to deploy advanced 5G mobile wireless services in rural America, targeting hard-to-serve areas with sparse populations or rugged terrain. The FCC’s announcement did not say when the funds will be available.
Recent publications and media of interest
SAVE THE DATE FOR HAC’S 2020 RURAL HOUSING CONFERENCE!
The conference will be held in Washington, DC on December 2-4, 2020 with pre-conference meetings on December 1. The HAC News will announce more details, including registration, as they become available.
HAC offers Section 502 packaging training for nonprofits, March 10-12 in Virginia.
This three-day advanced coursetrains experienced participants to assist potential borrowers and work with RD staff, other nonprofits and regional intermediaries to deliver successful Section 502 loan packages. The training will be held in Glen Allen, VA on March 10-12, 2020.For more information, contactHAC staff, 404-892-4824.
Need capital for your affordable housing project?
HAC’s loan funds provide low interest rate loans to support single- and multifamily affordable housing projects for low-income rural residents throughout the U.S. and territories. Capital is available for all types of affordable and mixed-income housing projects, including preservation, farmworker, senior and veteran housing. HAC loan funds can be used for pre-development, site acquisition, site development and construction/rehabilitation. Contact HAC’s loan fund staff at hacloanfund@ruralhome.org, 202-842-8600.
Please note: HAC is not able to offer loans to individuals or families. Borrowers must be nonprofit or for-profit organizations or government entities (including tribes).