NHC Open House Blog: HUD Embraces Regulatory Flexibility to Encourage Preservation of Affordable Rental Housing
HUD’s Office of Multifamily Housing recently issued guidance to create regulatory flexibility and encourage preservation of existing affordable multifamily properties.
In two memos, Deputy Assistant Secretary (DAS) Ben Metcalf authorized changes in HUD rules which will ease the burden on property owners trying to recapitalize aging assisted properties and maintain their long-term affordability. To read more about the memos, click the link below.