Dealing With...

Dealing With...



HUD Proposes Revisions to Final Disparate Impact Rule

August 29, 2019    

HUD recently released a proposed rule that would revise the 2013 disparate impact rule, which set the standard for determining when a practice with a discriminatory effect violates the Fair Housing Act. Disparate impact is a legal doctrine under the Fair Housing Act which states that a policy...

Four Rules for Recertifying Household Member on Military Duty or Otherwise Absent

June 27, 2019    

If you don’t know when to count—and when not to count—the income of absentees, because of military service or otherwise, during recertification at your mixed-income site, you can miscalculate residents’ rent and jeopardize the owner’ tax credits. Counting the income...

Take Four Steps When Resident Who Lived Alone Passes Away

May 30, 2019    

When dealing with the death of a resident, you must remain sensitive to the family and friends of the deceased but also carefully follow legal procedures. We’ll tell you what steps you must take to deal with the deceased resident’s body and belongings. We’ll explain how you can...

Add Nine Key Protections to Your Employee Lease Addendum

April 26, 2019    

The tax credit law doesn’t bar you from renting to employees. In fact, many sites have on-site employees—from property managers to security officers to maintenance workers—who reside at the LIHTC site and are essential to the success of the property. Having someone employed by...

IRS Issues Final Rule on Physical Inspections and Compliance Monitoring

March 28, 2019    

On Feb. 26, the IRS issued final regulations for LIHTC compliance monitoring. The regulations replace the temporary compliance monitoring regulations under which state housing agencies have been operating since 2016. The new regulations make several changes to compliance monitoring requirements...

Set Up Sexual Harassment Complaint Procedure to Safeguard Site Against Liability

February 28, 2019    

Last year, HUD and the Department of Justice (DOJ) announced an interagency task force to combat sexual harassment in housing. This joint outreach followed a DOJ pilot program started in October 2017. The initiative sought to increase the Department’s efforts to protect women from...

Facilitate Eviction Process by Giving Attorney Relevant Documents, Information

January 30, 2019    

When you hire an attorney to evict a resident from your tax credit site for violating the lease, you want to have the eviction handled as quickly and efficiently as possible. But the process may be unnecessarily hindered if you don’t give the attorney all the documents and information she...

Set Sports Court Rules to Prevent Injuries, Disputes

July 30, 2018    

Sports courts, such as basketball, volleyball, and tennis courts, are a great amenity for your site. But sports courts can also lead to problems. For example, residents may argue with each other over how much time a resident should be...

How Noncompliance Reports Can Turn into IRS Audits

June 28, 2018    

Regardless of how well you run your tax credit site, your state housing agency may cite you for noncompliance with the tax credit law. If that happens, your state housing agency must notify your site’s owner of the violation and report it to the IRS using IRS Form 8823 (Low-Income Housing...

How Opportunity Zones May Help Affordable Housing Development

April 27, 2018    

The Tax Cut and Jobs Act of 2017 passed late last year includes a provision to allow states to designate “Opportunity Zones” in low-income areas. Investors who develop real estate or fund businesses in these zones are eligible for tax breaks. Governors have been working with mayors,...

NCSHA Updates Recommended Practices for LIHTC Administration

January 31, 2018    

The National Council of State Housing Agencies (NCSHA) recently issued the Task Force on Recommended Practices in Housing Credit Administration’s final report, which updates the organization’s guidance on administering the LIHTC. In 2000, NCSHA published its first recommended...

How to Encourage Resident Cooperation with Recertification Requirements

February 27, 2017    

IRS regulations don’t require annual certifications for properties that are 100 percent tax credit. However, for mixed-income sites, recertifications serve an important function. Annual certifications ensure affordable housing units are occupied by income-eligible households, and provide a...