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

Understanding the Applicable Percentage for a Section 42 Property

[vc_row][vc_column][vc_column_text]The amount of annual Low-Income Housing Tax Credit (LIHTC) a building may receive is dependent on four factors: (1) Eligible Basis; (2) the Applicable Fraction; (3) ...

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Satellite Dishes - Rights of Landlords and Residents

[vc_row][vc_column][vc_column_text]Federal rules published by the Federal Communications Commission (FCC) give residents of apartment communities the right to install satellite dishes at an apartment ...

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The Determination of Qualified Basis for LIHTC Projects

[vc_row][vc_column][vc_column_text]The Determination of Qualified Basis for LIHTC Projects Qualified basis is a portion of a low-income building s eligible basis associated with the low-income un...

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Smoke Free Public Housing - HUD Proposed Rule

Smoke Free Public Housing - HUD Proposed Rule, November 17, 2015   On November 17, 2015, HUD published a proposed rule in the Federal Register that would require all public housing agencies...

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Unauthorized Distribution of Project Funds - HUD Announcement, November 2015

The Department of Housing & Urban Development (HUD) recently sent a series of emails and published newsletters issuing announcements regarding restrictions on the distribution of project assets. T...

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Local Ordinances and Assistance Animals

Apartment owners and managers are well aware that when required due to the disability of an applicant or a resident, no matter what a property s policy on pets may be, fair housing law requires that...

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LIHTC Requirements Regarding Common Areas, Required Facilities, and Provision of Services

Section 42(d)(4)(B) of the Internal Revenue Code reads: The adjusted basis of any building shall be determined by taking into account the adjusted basis of property (of a character subject to the a...

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Quid Pro Quo and Hostile Environment HUD Proposed Rule, October 21, 2015

HUD has published a proposed rule in the October 21, 2015 Federal Register titled, Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair ...

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