Author name: DevSaz2017

2017 AHAIN RURAL DEVELOPMENT PAPER LEASE IS ON SALE NOW!

2017 AHAIN Rural Development Paper Lease is on sale now! RD and Attorney approved! Order your new leases now! Click here to view a printable order form. Complete the form and email to ahunt@inaha.org or fax to 260-724-6493. Thank you to the AHAIN Lease Committee! Your time and dedication to this committee is greatly appreciated! […]

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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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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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USDA RD CLARIFIES ALLOWABLE EXPENSES IN MULTI-FAMILY HOUSING PROPERTIES

USDA RD released an Unnumbered Letter (UL) on April 28, 2017, to clarify allowable expenses to be charged against project income in RD-financed Section 515 and Section 514 multi-family properties. This UL serves as a reminder to Servicing Officials to ensure the appropriate use of project funds. Click here to view the April 28, 2017,

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