In the News
August 30, 2016
Twenty-nine senators, led by Senator Al Franken (D-MN), recently sent a letter to HUD Secretary Julián Castro urging HUD to provide written guidance regarding how local nuisance ordinances may violate the Fair Housing Act and the Violence Against Women Act (VAWA). The letter states, “Nuisance...
In the News
August 30, 2016
On Aug. 15, the Internal Revenue Service (IRS) released its 2016-2017 priority guidance plan and a fourth-quarter update to its 2015-2016 priority guidance plan. Through this plan year, the 12-month period from July 2016 to June 2017, the IRS plans to address 281 projects. Compared to the prior...
Feature
July 28, 2016
An owner seeking to evict a resident can’t begin an eviction lawsuit without first legally terminating the tenancy. This means giving the resident written notice, as specified in the state’s termination statute. If the tenant doesn’t move or fix the issue, for example, by paying...
Compliance
July 28, 2016
From time to time, you or a staff member may get a rent check from someone other than the resident named on the lease. If you deposit the check and it turns out that the resident is illegally subletting his unit to the person who sent the rent check, you could run into problems. A court may rule...
Compliance
July 28, 2016
The tax credit law allows low-income units to remain qualified even when a household goes over-income. But to maintain the unit’s low-income status, when a household’s income exceeds 140 percent of the income limit (or 170 percent in deep rent-skewed units), you must follow the next...
In the News
July 28, 2016
U.S. Senator Jeanne Shaheen (D-NH) recently introduced legislation that would provide legal protections to ensure access to safe housing for victims of domestic violence and sexual assault. Building on protections in the Violence Against Women Act and the Fair Housing Act, the “Fair Housing...
In the News
July 28, 2016
The U.S. Census Bureau’s Center for Administrative Records Research and Applications recently released a new working paper titled “The Effect of Low-Income Housing on Neighborhood Mobility: Evidence from Linked Micro-Data.” The paper assesses the impact of LIHTC developments on...
In the News
July 28, 2016
U.S. Senate Finance Committee member Maria Cantwell (D-WA) and Senate Finance Committee Chairman Orrin Hatch (R-UT) recently introduced the bipartisan Affordable Housing Credit Improvement Act of 2016. This legislation continues the effort to expand the Affordable Housing Tax Credit by 50 percent...
Feature
July 15, 2016
By Carolyn E. Zezima, Esq.
Maintenance
July 15, 2016
Clean, safe water is a precious resource that we all need to survive and often take for granted. But as droughts and water-rationing measures in states like California affect water supplies and usage for millions of people, responsible owners and managers everywhere are starting to take steps to...
