Online Alerts

Online Alerts

Bipartisan LIHTC Expansion and Improvement Bill Reintroduced

May 17, 2023    

On May 11, bipartisan groups of senators and representatives introduced the Affordable Housing Credit Improvement Act (AHCIA) of 2023 in the Senate and House. The legislation is sponsored by Senators Maria Cantwell (D-WA), Todd Young (R-IN), Ron Wyden (D-OR), and Marsha Blackburn (R-TN), along...

Bill Introduced to Expand FHA’s List of Protected Classes

May 3, 2023    

Senator Tim Kaine (D-VA) and Representative Scott Peters (D-CA) recently introduced the “Fair Housing Improvement Act” to protect veterans and low-income families from housing discrimination.

HUD FHEO Announces $3M Settlement in Family Discrimination Complaint

April 20, 2023    

HUD’s Office of Fair Housing and Equal Opportunity (FHEO) recently announced a...

Biden Budget Proposal Seeks Increase to LIHTC Program

April 5, 2023    

The White House budget proposal seeks an increase to the LIHTC program. The fiscal 2024 plan calls for a $28 billion expansion in LIHTCs over 10 years as well as lowering the 50 percent bond test to 25 percent.

HUD Reinstates “Discriminatory Effects Rule”

March 23, 2023    

HUD recently announced that it plans to restore the 2013 “discriminatory effects” rule to the Fair Housing Act (FHA). HUD has submitted to the Federal Register the final rule, which rescinds a 2020 rule governing “disparate impact” claims and restores the 2013...

Feds Assess Background Screening’s Impact on Housing Access

March 8, 2023    

The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) are requesting public comment on background screening issues affecting individuals who seek rental housing in the United States, including how the use of criminal and eviction records and algorithms affect...

LIHTC Bonus Credit Available for Solar and Wind Projects

February 15, 2023    

The Department of Treasury and Internal Revenue Service recently released IRS Notice 2023-17, which details a new bonus tax credit for certain low-income multifamily projects, including Low-Income House Tax Credit (LIHTC) projects, that...

NSPIRE Inspection Protocols to Replace UPCS, HQS Standards

February 1, 2023    

HUD is in the process of transitioning to a new housing inspection program. HUD recently published a notice announcing that...

Lawmakers Urge President to Take Executive Actions on Renter Protections

January 18, 2023    

Representative Jamaal Bowman (D-NY) of the U.S. House of Representatives and Senator Elizabeth Warren (D-MA) of the U.S. Senate recently sent a...

White House Seeks Renters’ Bill of Rights, Property Management Best Practices

January 4, 2023    

The White House is leading an initiative on resident-centered property management solutions and is soliciting best practices. In addition, President Biden, in the past, has expressed support to expand protections for renters through a “Bill of Rights.”

HUD to Delay 2023 Income Limits

December 14, 2022    

HUD normally publishes income limits on April 1. However, HUD recently announced that it intends to release the FY23 median family income and income limits on or about May 15, 2023, which is...

Decline in Veteran Homelessness Biggest in 5 Years

November 10, 2022    

HUD, the U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) recently announced preliminary results of the 2022 Point-in-Time (PIT) Count showing an 11 percent decline in veteran homelessness since early 2020, the last time a full count was...