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Update from NAHMA:
Today, the Department of Energy (DOE) published its final rule for the “Weatherization Assistance Program for Low-Income Persons” (Docket No. EEWAP0515). Last summer, HUD partnered with DOE in order to expand its weatherization program for low-income persons to the HUD affordable housing portfolio. As a result of this final rule, if a multi-unit building is identified as by HUD as part of an assisted or public housing program and included on a list published by DOE, that building will meet the income eligibility requirements and will satisfy certain procedural requirements of the program without the need for additional evaluation or verification.
A copy of the final rule can be found here:
http://www.nahma.org/member/New%20HUD%20Docs/DOE%20Final%20Multifamily%20Weatherization%20Rule.pdf
The final rule is also located at the NAHMA HUD website, available by clicking here: http://www.nahma.org/member/hud.html
Release From NHMC/NAA:
On January 25, 2010, the U.S. Department of Energy (DOE) issued final rules streamlining the Weatherization Assistance Program application process.
The NMHC/NAA-supported rule makes certain HUD-assisted and Low-Income Housing Tax Credit (LIHTC) properties automatically eligible without further evaluation or verification.
Prior to these new rules, which are effective as of February 24, apartment properties had to verify the income of every resident to apply for weatherization funds, even though HUD and the IRS were already collecting resident income verification data for subsidized properties.
The rule further provides that these properties automatically satisfy one or both of the other program eligibility requirements regarding prohibitions against rent increases and excessive enhancements to the property.
Since 2006, NMHC/NAA have urged the DOE and HUD to make these changes to application process. The new rules should allow our industry greater access to the $5 billion allocated to the program by last February's economic stimulus bill (P.L.111-5).
Read the full Release
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