DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/1536040
63 June 2025 J O U R N A L June 2025 » Public Housing Agencies (PHAs) and multifamily owners. HUD will also connect FEMA and the state to subject matter experts to provide information on HUD programs and providers. • Providing flexibility to Commu- nity Planning and Development Grantees: Recipients of Community Development Block Grant (CDBG) Program, Housing Opportunities for Persons With AIDS/HIV (HOPWA) Program, Continuum of Care (CoC) Program, Emergency Solutions Grants (ESG) Program, HOME Investment Partnerships Program, and Housing Trust Fund (HTF) Program funds can apply for needed administrative flexibility in response to Presidentially Declared Major Disaster for Virginia (DR-4863-VA). • Providing flexibility to Public Housing Agencies: Public Housing Agencies can apply for needed waivers and flexibility for disaster relief and recovery. The Department also released PIH Notice 2021-34, which advises the public of HUD's expedited process for waivers and flexibility from HUD regulatory and administrative requirements for various Public Housing and Voucher Programs. As a reminder, to be eligible to receive a disaster waiver, the PHA must be located in an active Presidentially declared Major Disas- ter Declaration area and submitted within four months of an MDD. • Ensuring HUD-approved housing counseling agencies are ready to assist: HUD-approved housing counseling agencies have counselors available to assist those impacted by natural disasters to determine assis- tance needs and available resources. • Assisting with housing discrimina- tion: HUD's Office of Fair Housing and Equal Opportunity is available to assist people who believe they have experienced housing discrimination. More than 450,000 people lost power due to an ice storm, heavy rain, and flooding that severely impacted southwest Virginia in mid-February. Just days later, crews were dispatched to other parts of the state ahead of record-breaking snow. "I am grateful to President Trump and the entire Administration for approving federal disaster assistance for the Commonwealth of Virginia. These resources aid recovery efforts in the areas of Southwest Virginia affected by Hurricane Helene last fall along with the severe flooding brought on by February's winter storms," Virginia Gov. Glenn Youngkin said. "Thank you to Secretary Turner and his team for their strong partnership supporting Virginians ad- versely impacted by these storms." Rep. Morgan Griffith added, "Parts of Southwest Virginia faced intense flooding during a wave of February winter storms. The resulting damage to businesses and homes impacted many people in Southwest Virginia who were in the middle of recovering from Hurricane Helene. Secretary Turner's announcement to extend natural disaster aid and financial flexibility resources to Southwest Virginia will help our com- munities access vital recovery services." OMB SUBMITS PRESIDENT'S BUDGET, CALLING FOR NEARLY $33B IN HUD REDUCTIONS T he Office of Management and Budget (OMB) has sent President Trump's FY 2026 Discretionary Budget Request to Congress. In a letter to Sen. Susan Collins, Chair of the Com- mittee on Appropriations for the United States Senate, OMB Director Russell T. Vought writes, "The recommended funding levels result from a rigorous, line- by-line review of FY 2025 spending, which was found to be laden with spending contrary to the needs of ordinary working Americans and tilted toward funding "I am grateful to President Trump and the entire Administration for approving federal disaster assistance for the Commonwealth of Virginia. These resources aid recovery efforts in the areas of Southwest Virginia affected by Hurricane Helene last fall along with the severe flooding brought on by February's winter storms." —Virginia Gov. Glenn Youngkin