OHFA’s Housing Development Program

OHFA’s Housing Development Program is moving to an online notification system that requires you to sign up. Make sure to sign up before September 30, 2020! You don’t want to miss out on important information about programs, policies, and reporting. 

Sign up here https://public.govdelivery.com/accounts/OKOHFANEWS/signup/14387 no later than September 30, 2020 to receive information regarding OHFA’s Housing Dev. Programs.

From Our Housing Advisory Group Friends..

Just a reminder that the affordable rental housing industry has been engaged in important advocacy efforts related to COVID-19 and rental housing. The National Leased Housing Association (NLHA) has formulated a survey to collect data to further inform what impact the pandemic is having (both short term and long term) on housing providers and the rental market. 

Please share this survey with the person in your organization who can provide information on type and number of units, locations, vacancy issues, impact on future investment, evictions, etc. A report will be produced to assess the negative impacts of COVID-19 on rental housing providers which will be widely distributed.

The deadline for completion is now August 20th. Your input is critical. The survey only takes about 10 minutes to complete and is anonymous. 

Thank you, and be well.  

Housing Advisory Group

Senate Republicans Release the Health, Economic Assistance, Liability Protection and Schools (HEALS) Act

Last month, Senate Republicans unveiled the Health, Economic Assistance, Liability Protection and Schools Act (HEALS Act), a $1 trillion coronavirus relief bill  coronavirus relief bill proposal. The HEALS Act would extend the expiring supplemental federal unemployment insurance at a reduced rate of $200 per week, down from $600 per week, through September (starting in October, states would need to phase-in a new formula for providing the unemployed with 70 percent of their previous salaries). The Senate Republican package also contains another round of $1,200 direct economic impact payments to individual Americans with means testing similar to the thresholds of the stimulus payments made this Spring following the passage of the CARES Act. The legislation would also provide an additional $190 billion for the Paycheck Protection Program (PPP) to support second draw loans, for businesses who already received a PPP loan but need more to stay afloat. This funding would be restricted to businesses with fewer than 300 employees that have experienced at least 50 percent in reduction in gross revenues.

Additionally, the legislation contains emergency supplemental appropriations including $2.2 billion for Tenant-Based Rental Assistance to maintain current Section 8 voucher rental assistance for low-income families who are experiencing a loss of income from the coronavirus, $1 billion for the Public Housing Operating Fund to maintain public housing programs and help contain the spread of coronavirus in public housing properties, and $113.4 million for the Section 521 Rural Rental Assistance Program. The legislation also directs HUD to renew all projects with existing Continuum of Care grants expiring during the calendar year 2021. The Senate Republican package would not extend the federal eviction moratorium and does not include emergency rental assistance nor Housing Credit priorities such as establishing a permanent 4 percent Housing Credit rate. The proposal also does not provide any general purpose state and local aid, though it would loosen restrictions and provide more flexibility on the use of aid through the CARES Act.

The HEALS Act kicked off what could be several weeks of negotiations as Congress aims to finalize another Covid-19 relief package before heading to recess on August 8. Congress is under immense pressure to reach a deal quickly, considering supplemental federal unemployment assistance benefits expired this past Friday. As Congress negotiates the next package, advocates are encouraged to reach out to their Members of Congress and urge them to include critical housing measures. Senate Majority Leader Mitch McConnell (R-KY) has signaled that this will be the last Covid-19 relief package until the election. 

HUD Updates: Eviction Prevention & Housing Counselors

HUD Resources: Eviction Prevention for At-Risk Tenants

HUD has provided guidance on rent repayment plans for landlords and tenants participating in CPD-assisted housing. HUD strongly encourages all grantees and owners of HUD assisted housing to work with tenants at risk of eviction to negotiate rent repayment plans to help them stay housed.

Housing Counselors Update

HUD published the Interim Final Rule on its website on July 31 to announce the delay in the deadline for housing counselors to become HUD certified.

Learn More

Executive Order Directs Agencies to Consider Ways to Prevent Evictions, Foreclosures

Executive Order Directs Agencies to Consider Ways to Prevent Evictions, Foreclosures

On August 8, President Trump issued an Executive Order (E.O.) to address COVID-19-related challenges for renters and homeowners. The E.O. directs a number of federal agencies, including the Department of Housing and Urban Development (HUD) and the Department of Treasury, to consider actions to prevent eviction and foreclosure. However, it does not include specific policy changes.

The E.O. directs the Department of Health and Human Services and the Centers for Disease Control and Prevention to consider whether an eviction ban is needed. It also directs the Federal Housing Finance Agency, in consultation with Treasury, to review existing authorities that can be used to prevent evictions and foreclosures.

Further, it requires the Secretaries of Treasury and HUD to identify any available federal funds that could be used to provide temporary financial assistance to renters or homeowners suffering financial hardships because of the pandemic. However, it does not provide any additional funding for assistance or redirect funds from any other source to be used for rental or mortgage help.

The E.O. also instructs HUD to take action to promote avoidance of eviction or foreclosure. These actions may include providing assistance to and encouraging public housing authorities, landlords, and other HUD grantees to minimize evictions and foreclosures.

While the CARES Act’s 120-day eviction moratorium for most federally assisted housing expired on July 24, foreclosure and eviction moratoriums remain in place for Fannie Mae, Freddie Mac, Federal Housing Administration, and Veterans Affairs loans through August 31.

Lowe Announces Coalition of Community Leaders to Help Oklahomans Facing Eviction

State Rep. Jason Lowe, D-Oklahoma City, will host a press conference to address the looming spike in evictions throughout the state and to announce a coalition of community leaders that will be providing support to those facing eviction.

“Thousands of Oklahomans, devastated by job loss and decreased income due to COVID-19, are facing eviction next month now that the federal eviction moratorium has expired,” Lowe said. “It is imperative that the public knows their rights as tenants, as well as the community services available to them in order to prevent a homelessness crisis.”

WHEN: 11:15 a.m., Friday, August 7

WHERE: Oklahoma State Capitol, outside near the South entrance

SCHEDULED SPEAKERS:

Michael Figgins – Executive Director of Legal Aid Services of Oklahoma

Jennifer Montagna – Lead Eviction Attorney at Legal Aid Services of Oklahoma

Ginny Carl – Executive Director of Community Cares Partners and Founder and CEO of Giving Well LLC

Joy Turner – Director of Investigation and Monitoring at Oklahoma Disability Law Center, Inc.

Brian Wilkerson – Director of Litigation and Legal Services at Oklahoma Disability Law Center, Inc.

Marilyn Long – Founder and Executive Director at North East Resource Center, Inc.

OHFA 2021 QAP Virtual Discussion

Just a reminder: OHFA’s Virtual 2021 QAP Discussion is scheduled for today, August 6, 2020 at 9:30am.

CLICK HERE to view the first two draft QAPs as well as public comments.

If you have not already done so, please register for the formal public input session that will be held via Zoom on Thursday, August 6th, 2020 from 9:30 AM – 12:00 PM. You may use the link below to register.

Register in advance for this meeting.

OHFA 2021 QAP Virtual Discussion

Just a reminder: OHFA’s Virtual 2021 QAP Discussion is scheduled for tomorrow, August 6, 2020 at 9:30am.

CLICK HERE to view the first two draft QAPs as well as public comments.

If you have not already done so, please register for the formal public input session that will be held via Zoom on Thursday, August 6th, 2020 from 9:30 AM – 12:00 PM. You may use the link below to register.

Register in advance for this meeting.