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Property Matters - enews Sept. 2023

September 2023

2024 Fair Market Rents Have Been Published

HUD has published FY 2024 Fair Market Rents (FMRs). Click here to obtain the updated FMRs for Rhode Island and its counties.

Important Updates to Replacement Reserve Requests (RRR)

On September 8, 2023, RIHousing updated the Replacement Reserve Request process. Learn more about changes to the process, how to avoid common issues with requests and the checklist needed to place a request.

We encourage you to contact your Asset Manager if you have any questions about the new process.

Attention: Support Affordable Broadband in RI with a Quick Survey

connectri

Our local HUD team is working closely with ConnectRI to host events and expand access to affordable broadband coverage throughout Rhode Island communities.

How you can help
You can help HUD increase resident participation in the Affordable Connectivity Program (ACP) by informing HUD households that the ACP benefits do not count as income for determining family rent or impact eligibility for HUD households.

You can also participate in an important survey to map organizations working to connect Rhode Islanders to broadband internet. Your opinion could help support future programs and the survey will only take a few minutes to complete. Click here to take the survey.

Visit the ConnectRI website for more outreach materials and resources.

Helpful Training Resources

See the links below for Training Resources:

  • Property Managers & Owners - Procorem Tenant Data Reporting 
  • NCSHA
  • Ross Business Development
  • NEAHMA
  • NCHM
  • IREM Event Calendar
  • RIHousing LIHTC Compliance Manual
  • IRS 8823 Guide

Releases & Reminders

  • Annual IREM/RIHousing LIHTC training
  • HOME Program Bulletin and 2023 Income and Rent Limits
  • FY2023 Multifamily Tax Subsidy Income Limits (MTSP) - LIHTC Program
  • FY2023 OCAF
  • FY2023 Utility Allowance Factors

  • FY2023 Fair Market Rents

  • HUD's updated 9250 form for reserve requests
  • Section 8 Contract Administration Program Forms & Manuals

  • See RIHousing's open positions

  • Not sure who your Asset Manager is? Find out here.

Have Available Units?

REMINDER: Per RI State Law, RIHousing-funded developments are required to list available rental properties on HousingSearchRI.

Login or Register on HousingSearchRI.org

 

Call for live, toll-free assistance:

Emphasys Call Center: 1-877-428-8844

(Weekdays, 9 a.m. - 8 p.m. EST, voice and TTY)

Site Contact Information

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Owners and Managers can access the form below to update site contact information.

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We'd love to hear from you!

To provide suggestions for information you would you like to see in future Property Matters E-News, please email Kathy Millerick at kmillerick@rihousing.com.

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