What Affordable Housing Managers Need to Know About Changes in Retirement Laws
Just before adjourning for the Christmas/New Year holiday, Congress included, and the President signed, the Setting Every Community Up for Retirement Enhancement (SECURE) Act in the federal governmen... 01/05/2020
Rules for Electronic Waiting Lists at Section 8 Properties
In most cases, HUD projects are required to maintain waiting lists. A waiting list is a formal record of applicants for housing assistance that identifies the applicant s name, date and time of appli... 01/04/2020
Minimum Wage to Increase in Many Areas
In 2020, 21 states will increase their minimum wage requirements for workers beginning January 1, 2020 and Connecticut, Nevada, and Oregon (and possibly Delaware) will have increases later in the yea... 01/01/2020
Modular Construction - Another Component for Solving the Affordable Housing Crisis
There is an affordable housing crisis in the United States of that there is no doubt. The reasons for the crisis are well known: a lack of will at the national level to provide necessary funding; a... 12/30/2019
HUD Publishes 2020 OCAF Rent Adjustments
On November 22, 2019, the Department of Housing & Urban Development (HUD) published the Operating Cost Adjustment Factors (OCAF) for 2020. These factors apply to project-based assistance contract... 12/21/2019
REAC Requirements for Emergency Call Systems
On October 11, 2019, the Department of Housing & Urban Development (HUD) issued Notice PIH 2019-25, which provides guidance on emergency call systems in public housing. The notice applies to all ... 12/08/2019
2020 Census - What Apartment Managers Need to Know
2020 will be a U.S. Census year. Every household will be required to answer a census questionnaire. This includes renters, so landlords and property managers need to know the rules. Questionnaires... 12/07/2019
New Overtime Rule Issued by the Department of Labor
On September 24, 2019, the U.S. Department of Labor (DOL) announced a final rule to make 1.3 million American workers eligible for overtime pay under the Fair Labor Standards Act (FLSA). This is the ... 12/01/2019
Rent Guarantors - An Alternative to Rejecting Applicants
Owners and managers of LIHTC properties are often faced with applicants who have less than desirable credit, income below the minimum required by the landlord, or no financial history. The common pra... 11/30/2019
Novogradac Study Outlines Expected Income Increases
Novogradac & Company has released its study of expected increases in state median incomes for 2020 and 2021. Novogradac estimates that the U.S. median income will increase by just less than 4 per... 11/24/2019
HUD Takes Aggressive Position Regarding Online Verification of Assistance Animals
On November 6, 2019, the Department of Housing & Urban Development asked the Federal Trade Commission (FTC) and Bureau of Consumer Protection to investigate websites that sell assistance animal d... 11/24/2019
Disability Payments- Calculating & Verifying Income
Some applicants and residents of affordable housing properties receive disability payments. These payments may be short-term (temporary) or long-term. Disability payments are intended to offset a red... 11/17/2019
Bedbugs - A Review of Current HUD Guidance
Bedbugs continue to rear their ugly little heads in all types of properties - from luxury hotels to affordable housing. Affordable housing managers are always concerned about what they can and cannot... 11/10/2019
Principal or Primary Residence Issue for LIHTC Housing
Virtually all affordable housing programs, including Section 8 and the Low-Income Housing Tax Credit (LIHTC), require that the lessees of the unit use apartments being rented under the applicable pro... 11/09/2019
Special Considerations When Renting to Members of the Military and Veterans
While federal and state fair housing law does not ban discrimination based on military or veteran status, many state and local governments do. However, disabled veterans are protected (as is any disa... 11/03/2019
Recent OIG Audits Show Importance of Training in Section 8 Requirements
The HUD Office of Inspector General (OIG) recently conducted two management agent audits that illustrate the importance of Section 8 training for management agents. In both cases, OIG recommended a s... 11/02/2019
Emancipated Minors and the Determination of Income on Affordable Housing Properties
The determination of income for affordable housing developments (e.g., HUD/Rural Development/ LIHTC) depends on whether a household member is an adult or a dependent, as defined by HUD regulation... 10/27/2019
Affordable Housing Credit Improvement Act Gaining Support
Since its introduction in June 2019, the Affordable Housing Credit Improvement Act has garnered more support and co-sponsorships from Congressional members. If enacted into law, the legislation w... 10/20/2019
Social Security COLA - 2020
The federal government announced on October 10, 2019 that the Social Security Cost of Live Adjustment (COLA) for 2020 will be 1.6%.  This increase will provide an additional $24 per month for th... 10/11/2019
NCSHA Provides Updated LIHTC Compliance Forms
The National Council for State Housing Agencies (NCSHA) has released updated model compliance forms for housing credit developments. Virtually all Housing Credit agencies (HCAs) require Housing Credi... 10/09/2019
HUD Publishes Proposed Rule on Implementation of The Housing Opportunity Through Modernization Act of 2016 (HOTMA)
HUD published a proposed rule implementing The Housing Opportunity Through Modernization Act of 2016 (HOTMA) in the federal register on September 17, 2019. HOTMA was enacted on July 29, 2016. This ru... 09/22/2019