Tax Credit Housing Management Insider

Feature

How Crime-Free Rental and Nuisance Ordinances Can Violate Federal Law

August 29, 2024    
DOJ warns against discriminatory housing ordinances.    
Income Calculations

HUD Announces 2025 Inflationary Adjustments and Passbook Rate

August 29, 2024    
You’ll use the new figures when calculating household income in 2025.     HUD recently released its annual inflationary adjustments for 2025, impacting the determination of income and assets under the Housing Opportunity Through Modernization Act (HOTMA). The bulk of the legislation...
Dealing with Households

How to Notify Residents of New or Revised Site Rules

August 29, 2024    
It’s a good idea to do so even if local law doesn’t require you to.    
In the News

HUD Seeks Feedback for Direct Rental Assistance Pilot Project

August 29, 2024    
Subsidies would be given directly to the renter, rather than to the site.    
Feature

How to Treat Household's Nonrecurring Income under HOTMA

July 31, 2024    
There’s a narrower definition of excluded income now.     Low-income housing tax credit law requires site owners to use HUD’s Section 8 rules when calculating household income. According to Treasury Regulations §1.42-5(b)(1)(vii), “Tenant income is calculated in a...
Maintenance

How to Prevent and Fight Against Bedbug Infestations

July 31, 2024    
The increase in infestations in the U.S. may be due to more travel.     As summer unfolds and the travel season kicks into high gear, there’s an increased risk that your household members may encounter bedbugs and bring them back to your site as unwanted guests. With their peak...
Compliance

Michigan Owner Settles HUD’s VAWA Discrimination Complaint

July 31, 2024    
And agrees to pay a penalty and train staff.    
In the News

HUD Convenes Summit to Address Rising Property Insurance Costs

July 31, 2024    
In the last issue, we highlighted a letter concerning rising insurance costs from a broad coalition of housing providers to members of Congress and the Biden administration. The letter highlighted the fact that as of the fourth quarter 2023, U.S. property insurance rates have increased for 25...
In the News

Colorado to Establish Nation’s First Middle-Income Housing Tax Credit

July 31, 2024    
More state and local programs are being designed to address middle-income housing.   As a result of state legislation passed in May 2024, Colorado is creating a pilot program to help spur the development of rental housing for middle-income families. The legislation defines middle-income as...
Feature

How LIHTC Developers Can Utilize Section 45L Tax Credits

June 26, 2024    
Understanding the program can help you market your site.     The Section 45L tax credit is a federal tax credit intended to foster the development of energy-efficient homes and buildings. The credit was first introduced as a tax deduction under the Energy Policy Act of 2005. At the time,...