Dealing With...

Dealing With...

U.S. Tax Court: Bond Fees, Financing Costs Are Includible in LIHTC Eligible Basis

March 29, 2024    

The ruling reverses a longstanding Technical Advice Memorandum the IRS issued in 2000.



The U.S. Tax Court recently held that a developer properly included in its “eligible basis,” for purposes of computing the low-income housing tax credit, its...

How to Decide Whether Requirements Belong in Leases or Site Rules

February 26, 2024    

Like most owners, you probably include some residency requirements in your leases and some in your site rules. But if you include a requirement in the wrong place, you could create confusion and face enforcement problems. To help you avoid such problems, we’ll tell you which requirements...

Make Opioid Overdose Reversal Medication Part of Site’s Safety Toolkit

December 21, 2023    

We give you answers to four frequently asked questions.



Fentanyl and other opioids are fueling the worst drug crisis in the history of the United States. According to CDC drug overdose data, drug overdose deaths in the United States, driven by illicit...

NCSHA Updates Recommended Practices in LIHTC Administration

November 29, 2023    

The prior version was released in 2017.



The National Council of State Housing Agencies (NCSHA) represents the state-level allocating agencies that administer the LIHTC program. From the early days of the program, NCSHA has maintained “Recommended...

Add 10 Rules to Plug Loopholes in Your Pet Rules

July 28, 2023    

Almost every site that allows pets has a set of pet rules, usually in the form of a lease addendum that covers such issues as picking up pet waste, preventing nuisance problems, and keeping pets out of prohibited areas. But many pet rules don’t cover other important issues, such as a...

How to Cut Risks When Accepting Packages for Residents

January 2, 2023    

Most residents aren’t home during the day to accept packages sent to them. And with the rise of online shopping, packages that are left unattended at your site could become attractive targets for thieves and may entice thieves to regularly visit your site.

Build Case Against Residents Profiteering from Short-Term Rentals

November 30, 2022    

Some of your households may be tempted to rent out their apartments ahead of the holidays to earn some extra income. Booking platforms such as Airbnb, VRBO, and have made listing apartments to allow residents to become short-term landlords increasingly easier. However, letting low-...

Use 3 Strategies to Communicate Better with Non-English Speakers

September 30, 2022    

An increasing number of prospects and household members don’t speak English as their primary language. These individuals who have a limited ability to read, speak, write, or understand English are limited English proficient, or “LEP.” These individuals may be immigrants or...

How to Have Households Inform You of Long Absences

August 30, 2022    

Sometimes a household will disappear for weeks at a time. No one answers the phone, their mail piles up, and their assigned parking space remains empty. When a unit is left unattended, health and safety hazards such as rotting food or frozen pipes can result.

Owner Can Evict Resident for Unauthorized Occupants

February 25, 2022    

A site owner sued to evict a resident for lease violations with regard to the number of occupants residing in the unit. The site operates under guidelines established by both HUD’s project-based voucher program and the LIHTC program. Applicants must meet the criteria for both programs. And...

Expect Shorter Advance Notice for Inspections, Compliance Monitoring in 2022

December 28, 2021    

Section 42 of the Internal Revenue Code requires state housing agencies to conduct on-site inspections of all buildings by the end of the second calendar year following the year the last building in the project is placed in service. In addition, the code says that an agency must also conduct on-...

Get Staff to Report Signs of Resident-Related Trouble

October 29, 2021    

Your site employees are in a perfect position to keep you up-to-date on what’s going on at your site. And the information they give you about residents can be critical in helping you run your site. They can alert you to lease violations and unauthorized residents, and they can help you...