Feature

Feature

How to Avoid Costly Evictions with Rent Payment Plans

August 31, 2020    

With the additional $600 in unemployment insurance payments provided by the CARES Act having expired on July 31, many renters across America are at a precipice. Millions of Americans are experiencing job loss, reduced hours, and reduced income due to the economic effects of COVID-19. Thus far,...

IRS Relaxes Key LIHTC Program Requirements

July 30, 2020    

In response to the COVID-19 pandemic, the IRS announced it’s providing low-income housing tax credit participants temporary relief from key program requirements. This is good news for LIHTC developers and owners dealing with delays and management difficulties related to the pandemic.

Can Your Firm Benefit from Updated PPP Loan Rules?

June 11, 2020    

Management companies may get a boost from more business-friendly loan rules.

 

On June 5, President Trump signed into law the Paycheck Protection Program Flexibility Act, which made changes to the Paycheck Protection Program (PPP) to make it more user friendly for businesses...

Domestic Violence During the Pandemic: How to Ensure Safe Housing at Your Site

May 13, 2020    

For victims of domestic violence, staying home during the pandemic may not be the safest option.

 

IRS Grants Relief from Timing Requirements

April 15, 2020    

And considers issuing COVID-19 compliance guidance.

 

In late March, the National Council of State Housing Agencies (NCSHA) sent a letter to the IRS and the Treasury Department asking them to take immediate action to provide deadline extensions and other necessary...

Is Your Site Prepared for a Possible COVID-19 Pandemic?

March 11, 2020    

We’ll review the best practices for operating a housing site during a public health crisis.

 

Whether or not cases of COVID-19 have been confirmed in your area, you should review your site’s emergency response plans and update them accordingly as a precaution....

Follow Six Dos & Don'ts to Avoid Problems with Live-In Aides

February 11, 2020    

Residents or applicants may inform you that they need to have an aide live with them to help them with daily tasks. If a resident who is elderly or who has a disability asks you to allow her to have a live-in aide to accommodate her disability and to provide supportive services essential to her...

Accounting for 2020 Minimum Wage Hikes When Calculating Household Income

January 9, 2020    

The minimum wage in more than 20 states and 26 cities and counties across America increased on Jan. 1, according to the National Employment Law Project (NELP). This affects more than half of the country’s population and marks the greatest jurisdictional raise in U.S. history. Of the states...

Follow Six Dos & Don’ts When Dealing with Section 8 Applicants and Residents

December 23, 2019    

The Section 8 Housing Choice Voucher program is the federal government’s major program for helping very low-income families, the elderly, and the disabled afford decent, safe, and sanitary housing in the private market. Since housing assistance is provided on behalf of the family or...

How the Gross Rent Floor Election Protects Rent from Falling Income Limits

December 4, 2019    

To calculate the rent for your low-income units, you use HUD income limits. These are the same limits you use to determine whether households are qualified. The limits you use depend on the geographic location of your building and the percentage of area median gross income (AMGI) the owner and...

Beyond Lead-Free: How to Use Safe Painting Practices at Your Site

November 13, 2019    

By Carolyn Zezima, Esq.

How to Verify Alimony or Child Support Amount—and Reasonable Efforts to Collect

October 30, 2019    

When certifying or recertifying households, you may encounter household members who get alimony or child support from ex-spouses or their children’s parents. Or it may be the case that a household member pays alimony or child support to someone else. Or a household member receives none or...