Legislative Updates

AHMA-PSW’s Affordable Housing News 9/20/18

  • The 2018 CA State Income Limits for the Home Investment Partnership (HOME) program and Community Development Block Grant (CDBG) program are now available. 2018 Income Limits for CDBG and 2018 Income Limits for HOME. Please note that the information under the heading, “State Income Limits for 2018” are not to be used for the CDBG and HOME federal programs.
  • Signage required to meet the “safe harbor” requirements under CA Proposition 65, which define the type of signs that meet the requirement to warn about certain types of chemicals, have changed effective August 30, 2018. After that date, the previously acceptable signs will no longer be sufficient to the presumed proper warning. The new “safe harbor” defines additional places and entrances that will require signage and adds requirements for certain businesses. While signage at primary entrances may have been sufficient before, additional signs will not be required for many properties and where signs are required, those signs must contain far more information than before. Official government information on these changes can be found at:  www.p65warnings.ca.gov
  • CA 721 requiring balcony inspections has been signed into law. Be sure to attend the AHMA-PSW Membership meeting on October 10 to learn more.
  • HUD is pleased to announce the Preservation of Pre-1974 Section 202 Direct Loan Properties webinar. This webinar is scheduled to take place on Tuesday, October 9, 2018 from 2:00 – 3:30 PM EDT. Register Now for this 90-minute webinar,which provides a detailed review of preservation options for pre-1974 Section 202 Direct Loan properties. The webinar will include guidance on recent HUD notices related to prepayment and refinance of Section 202 Direct Loans (Notice H 2013-17), and strategies to obtain and utilize tenant protection vouchers and Senior Preservation Rental Assistance Contracts (SPRACs) (Notices H 2018-01 and H 2018-02). Following the overview of these preservation options, participants will be able to participate in a Q&A session with the presenters. You must have a HUD Exchange account to register. Follow these instructions for registering if you do not have a HUD Exchange account. Please contact Helena Waziri at recap.training@cloudburstgroup.com or call at 240-582-3626 for more information on this training.