Maintenance
June 28, 2023
It's no surprise that many sites spend a big portion of their operating budgets on professional landscape services. And it’s a major expense that managers can substantially impact to reduce a site’s operating costs. Here are seven steps you should take when bidding out landscaping...
In the News
June 28, 2023
The Joint Center for Housing Studies of Harvard University recently released its annual report, State of the Nation’s Housing 2023. The report combines analyses of data from the U.S. Census Bureau, HUD, Freddie Mac, the National Association of Realtors, RealPage, and other sources to provide...
Feature
May 25, 2023
When you certify or recertify households for tax credit housing, IRS rules require you to estimate how much income household members expect to receive in the next 12 months. Without this information, you can’t certify or recertify the household’s eligibility.
Income Calculations
May 25, 2023
This year’s limits must be implemented no later than June 29, 2023.
Compliance
May 25, 2023
After seven years of working towards consolidating, updating, and improving the Housing Quality Standards (HQS) and the Uniform Physical Condition Standards (UPCS) to implement a single inspection protocol for HUD-assisted units, HUD recently published the final rule for the Physical Inspection of...
In the News
May 25, 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 AHCIA was first introduced in Congress in 2016, and has had increasing bipartisan support since then. Although it hasn’t passed,...
Feature
April 27, 2023
Before you rent any unit at your tax credit site to a new household, it’s important to confirm that the rental will comply with the tax credit law. If your rental of a unit won’t comply, the owner’s credits for that unit may be at risk. And if the unit is one you must count to...
Compliance
April 27, 2023
Unless the IRS states otherwise, as of Oct. 1, the inspection standards for monitoring will become NSPIRE.
Compliance
April 27, 2023
The spring season’s warm weather and rainy days may motivate you to conduct a thorough spring cleaning of your office files. But before you clean out your file cabinets or declutter your computer files, it’s important to review the LIHTC program’s recordkeeping and retention rules...
In the News
April 27, 2023
HUD and the Treasury Department recently highlighted the Biden administration’s efforts to increase access to safe, quality housing by encourage the use of American Rescue Plan (ARP) funds for affordable housing production and preservation. The State and Local Fiscal Recovery Funds (SLFRF),...
