News & Insights

Stay informed with the latest news and updates regarding the affordable housing industry.

California AB 2689: Over-Income Nonrenewal in 100% LIHTC Properties

California has, for the first time, created a statutory path for owners of 100% LIHTC properties to decline to renew the lease of a substantially over-income household. Assembly Bill 2689 ( vila Far ...

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2027 Social Security COLA and Affordable Housing Income Certifications

October 14, 2026 The Social Security Administration has announced a 3.6% cost-of-living adjustment (COLA) for 2027, up from the 2.8% increase in 2026. The adjustment will provide additional income to ...

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A.J. Johnson to Present at Mid-Atlantic AHMA's 31st Annual Fall Conference, November 17-19, 2026

A.J. Johnson, Principal Consultant at A.J. Johnson Consulting Services, Inc. (AJJCS), will present nine sessions at the 31st Annual Mid-Atlantic AHMA Affordable Multifamily Rental Housing Conference, ...

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HUD Publishes 2027 LIHTC QCT and DDA Designations (What developers and investors should review before 2027)

HUD published its 2027 Qualified Census Tract (QCT) and Difficult Development Area (DDA) designations on October 6, 2026. Developers and investors should review pending transactions now, as designatio...

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Virginia Fair Housing Case Demonstrates Aggressive State Fair Housing Enforcement

The David Merryman Fair Housing Case: A $2.25 Million Reminder That Landlord Conduct Matters A recent Virginia fair housing case involving Hampton Roads landlord David Merryman reminds owners, propert...

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IRS Allows Owner to Correct Form 8609 for Minimum Set-Aside Election

Private Letter Ruling 202635003 allowed a taxpayer to file an amended Form 8609 after inadvertently omitting the intended Average Income minimum set-aside election. The ruling offers a possible path t...

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HUD Eliminates Requirement for Emergency Call Systems

HUD Eliminates Mandatory Emergency Call Systems in Elderly Housing What Owners Need to Know Notice H 2026-06, issued September 10, 2026 On September 10, 2026, HUD's Office of Multifamily Housing i...

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When Is a Tenant Affidavit Necessary in a LIHTC File?

One recurring challenge in Low-Income Housing Tax Credit compliance is determining when the information provided on a rental application is enough and when a separate affidavit, certification, or ve...

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