|(NOVEMBER 7, 2011) FEDERAL AGENCIES JOIN FORCES WITH WISCONSIN HFA IN OBAMA ADMINISTRATION PUSH TO REDUCE REGULATORY BURDEN ON AFFORDABLE HOUSING DEVELOPERS|
|Madison, Wisconsin, Nov 07, 2011
@@Today, U.S. Department of Housing and Urban Development’s regional representatives joined United States Department of Rural Development State Director Stan Gruszynski and Wisconsin housing officials in announcing an interagency agreement to reduce duplicate physical inspections of local subsidized affordable housing– allowing developers and owners to focus on delivering more housing and resources to those in need.
As part of the Obama Administration’s commitment to better coordinate federal rental policy, HUD, Treasury and USDA Rural Development are piloting programs in Wisconsin, Michigan, Minnesota, Ohio, Oregon and Washington to avoid duplicate inspections and reduce regulatory burdens for rental housing that is subsidized through more than one federal agency. Developers and owners often work with several federal agencies to house the lowest-income tenants. In the past this meant duplicate requirements and extra paperwork.
“This initiative is an important step forward in the administration’s desire to streamline government policies and build strong inter-agency partnerships to serve the American public as cost-effectively and efficiently as possible,” said David Lipsetz, HUD Special Advisor, Office of Public and Indian Housing. “It is an excellent example of HUD partnering with federal and state agencies to eliminate burdensome requirements and provide seamless coordination for our customers.”
“Any time we not only improve the efficiency of a government process, but also reduce the burden on our property owners and developers – that’s a success,” said USDA Rural Development’s Housing Administrator Tammye Treviño. “USDA Rural Development is proud to make this agreement with our colleagues at HUD and Treasury. We know that reducing duplication between our agencies frees up time and resources that can be better spent providing affordable housing to those in need.” Administrator Treviño was represented at the Madison event by State Director Gruszynski.
In response to the White House’s Domestic Policy Council request for better coordinated federal rental policy, HUD, USDA Rural Development, Treasury and the Wisconsin HFA have worked together since April to craft a memorandum of understanding that aligns the often burdensome program requirements of different affordable rental housing government programs. The MOU to be approved by HUD, Treasury, and USDA-RD is an administrative solution that better aligns state and federal affordable rental housing program policies.
USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an existing portfolio of more than $155 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
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