HUD Releases 2015 Multifamily Tax Subsidy Income Limits
On March 6, HUD released the 2015 income limits, available at huduser.org. According to Revenue Ruling 94-57, you have 45 days to begin using them to certify and recertify low-income households at your tax credit site. This means this year’s income limits must be implemented no later than April 19, 2015. Here are some site management issues affected by changes in income limits.