Feature
November 29, 2023
Prepare for how these annual changes will affect income, asset, and eligibility determinations.
Low-income housing tax credit law requires site owners to use HUD’s Section 8 rules regarding income calculations. According to Treasury Regulations §1.42-5(b)(1)(vii), “...
Compliance
November 29, 2023
Use the checklist to prepare your site for inspection under NSPIRE.
Dealing with State Housing Agency
November 29, 2023
The prior version was released in 2017.
The National Council of State Housing Agencies (NCSHA) represents the state-level allocating agencies that administer the LIHTC program. From the early days of the program, NCSHA has maintained “Recommended Practices for Housing Credit...
In the News
November 29, 2023
To investigate whether screening policies are discriminatory, HUD wants agencies to use testers with actual criminal backgrounds.
Feature
October 30, 2023
As Congress considers reforms, sites may need to take action now to limit the financial strain.
As a site owner or manager, you understand the severe financial consequences that can result from things beyond your control, such as a loss due to fire, flood, weather, or other causes. In...
Compliance
October 30, 2023
HUD recently issued Notice H2023-10 that provides guidance to multifamily housing owners regarding the implementation of the many program changes brought about by the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The recent notice makes implementation changes for sections 102 and...
Income Calculations
October 30, 2023
The upcoming increase is below adjustments for the previous two years.
In the News
October 30, 2023
HUD recently announced settlements with housing providers in Nevada and California, resolving allegations that they denied housing opportunities to two women because they experienced dating violence and stalking.
Feature
September 29, 2023
We’ll explain how to treat real estate when calculating a household’s income and assets.
The regulations for the tax credit program require site owners to use the rules found in HUD Handbook 4350.3 to calculate the annual income of applicants and residents. During the...
Maintenance
September 29, 2023
Hiring the wrong remediator can make the problem worse—and more costly.
