Feature
June 27, 2019
To comply with tax credit rules, you must verify the student status of each household member who says he or she is a student. That’s because tax credit rules bar households composed entirely of full-time students. And if the student is a member of a household that’s not barred for this...
Dealing with Households
June 27, 2019
If you don’t know when to count—and when not to count—the income of absentees, because of military service or otherwise, during recertification at your mixed-income site, you can miscalculate residents’ rent and jeopardize the owner’ tax credits. Counting the income of...
In the News
June 27, 2019
Senators Todd Young (R-Ind.), Angus King (I-Maine), and Maria Cantwell (D-Wash.), along with a group of 13 bipartisan senators, reintroduced the Task Force on the Impact of the Affordable Housing Crisis Act, which aims to better understand and respond to America’s housing affordability crisis...
In the News
June 27, 2019
Presidential candidates are increasingly focused on affordable housing. Most recently, Former HUD Secretary Julián Castro joined other presidential hopefuls, including Senators Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Kamala Harris (D-Calif.) and Elizabeth Warren (D-Mass.), in releasing a...
In the News
June 27, 2019
The National Low Income Housing Coalition (NLIHC) recently released the 30th anniversary edition of the Out of Reach report. The report documents the gap between renters’ wages and the cost of rental housing throughout the U.S. The national Housing Wage--the hourly wage a full-time worker...
