Latest News

News & Insights

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

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...

Read full story

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...

Read full story

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...

Read full story

Fair Housing Definition of a Dwelling

The Fair Housing Act (FHA) applies to dwellings. This raises the technical issue of what a dwelling is. The answer is not as simple as one may think. The statute s definition of a dwelling...

Read full story

Information to Obtain When Assuming Management of a LIHTC Property

When assuming management of a Low-Income Housing Tax Credit (LIHTC) property during the 15-year compliance period, there is critical information the new agent must have. The following list provides a...

Read full story

Determining the Income of LIHTC Applicants and Residents

The determination of income is a primary requirement when determining the eligibility of applicants and residents at Low-Income Housing Tax Credit (LIHTC) Properties. While individual Housing Finance...

Read full story

RAD First Component - Eligibility, Conversion Requirements, and Financing Considerations

On September 5, 2019, HUD issued Notice H-2019-09, PIH-2019-23 (HA), Rental Assistance Demonstration - Final Implementation, Revision 4. This revised notice provides program instructions for the Rent...

Read full story

Dealing with Resident Owned Real Estate at Affordable Housing Properties

When determining the income of a household at an affordable housing complex with income limitations, the valuation of resident owned assets and the calculation of real or possible income from those a...

Read full story

Want news delivered to your inbox?

Subscribe to our news articles to stay up to date.

We care about the protection of your data. Read our Privacy Policy.