Featured Initiative
At our annual conference in Boston, we announced the winners of the 2017 NMA Housing Awards for excellence and innovation in housing. Congratulations to Housing Authority of the County of San Bernardino, Nevada Rural Housing Authority, Fresno, New York City Housing Authority, Cincinnati Metropolitan Housing Authority, and Broward County Housing Authority!
Nan McKay & Associates is currently assisting a large agency in California with its public housing conversion under the Rental Assistance Demonstration program. The first transaction successfully closed last year, and NMA will continue to provide services to oversee the entire relocation project as well as the conversion process for more than 2,500 households.
NMA Inspections is currently managing the residential rental inspection program for a midsized Midwestern city. In the past two years that NMAI has managed the city's rental inspection program, it's moved from reactive to proactive. The city has seen increased program adoption from property owners and an overall improvement of its rental housing stock.
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For over 35 years, NMA has been a leader in providing professional services to public housing agencies, including direct program management, inspections, operational support, performance improvement tools, consulting, and training. Long recognized as one of the most effective, strategic, and regulatory compliant professional service companies in the affordable housing industry, we are committed to serving housing agencies and their communities. Our continued growth in the affordable housing industry is due to our strong client focus as well as our commitment to performance excellence.
Featured Initiative
VASH Technical Assistance in Amarillo, Texas
Nan McKay & Associates has been working closely with the Amarillo Housing Authority to help make their Veterans Affairs supportive housing (VASH) program run more effectively and efficiently.
With technical assistance from NMA and the efforts of their collaborative partners, AHA has been able to utilize 100 percent of their VASH vouchers. Because of their success, HUD is looking to allocate more VASH vouchers to them, which means more veterans are receiving their much-needed housing assistance. Congratulations to AHA for the outstanding achievement and invaluable contribution to your community!
Industry News
HUD Suspends Mandatory SAFMRs
In a letter to PHAs dated August 11, HUD announced that it has suspended the mandatory use of small area fair market rents (SAFMRs) for a period of two years. The suspension applies to 23 of the 24 metropolitan areas which had been selected to use SAFMRs beginning on October 1, 2017. The requirement has been suspended for two years, until October 1, 2019.
According to the letter, HUD decided to suspend the requirement for three reasons. Read more