The National Housing Law Project has produced a 13-page overview of the FY16 HUD funding bill, primarily focusing on provisions related to the preservation of multifamily assisted housing. The summary reviews funding levels and policy provisions, including the bill’s treatment of tenant protection vouchers, maintenance of assistance for troubled project-based properties, transfer of project-based assistance, the Rental Assistance Demonstration, and HUD enforcement protocols for properties with low Real Estate Assessment Center scores, among others.
Read the NHLP summary at http://nlihc.org/sites/default/files/NHLP_Summary-of-HUD-FY16-Preservation.pdf