News

Breaking: Scott Turner Named New HUD Secretary

The U.S. Department of Housing and Urban Development (HUD) has welcomed its new Secretary, Scott Turner, following his confirmation by the Senate. With a strong background in housing development, community revitalization, and public service, Secretary Turner brings a...

1st Quarter Software Release Update

Housing and Development Software will be releasing updates for the HDS Loan Servicing Portfolio Management, HDS Multifamily Management and HDS Contract Administration Systems in the coming week. Each update has a significant change impacting the compliance and...

HUD Notice on the Passbook Savings Rate

HUD has published a notice concerning the 2016 passbook savings rate effective 2/1/2016. The rate is unchanged from last year and remains at 0.06% (0.0006). See HUD Notice 16-01. The rate is also applicable to Low Income Housing Tax Credit certifications. This means...

PBCA Recompete as a Procurement

After a period during which it seemed that the start of the recompete could be some time off, all of a sudden there appears to be a sense of urgency at HUD. At the recent NCSHA meeting HUD expressed the goal to have the new PBCAs in place this coming Fall/Winter. HUD...

eLearning Program is back for 2016

Good Afternoon HDS Clients, HDS is excited to announce our eLearning Program is back for 2016. Our goal is for our clients to attend and learn how to utilize each tool to its full capability. eLearning sessions have now been scheduled and are available for...