Posts by A. J. Johnson

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Dealing with Bed Bug Infestation

Bedbugs: Addressing and Preventing Outbreaks in Tax Credit Properties By A. J. Johnson             Outbreaks of bedbug infestation in apartments are increasing at an alarming rate in most metropolitan areas of the country, and low-income housing tax credit properties are…

HUD Publishes Formal Guidance on Infestation Control

On April 23, 2012, HUD published Notice H 2012-5, “Guidelines on Addressing Infestations in HUD insured and Assisted Multifamily Housing.” This guidance formalizes that in cases of infestation, owner priority should be the establishment of an Integrated Pest Management Plan…

Section 538 Web Conferences

In August and November 2012, the United Stated States Department of Agriculture will hold a series of teleconference calls and/or web conferences regarding the Section 538 Guaranteed Loan Program. These discussions are open to the public and will cover a…

Indiana Getting Tougher for Rules Infractions

Developers and developer team members who fall into noncompliance with LIHTC program rules will face tougher penalties under proposed rules issued by the Indiana Housing & Community Development Authority (IHCDA). Under the proposal, which is contained in the draft 2012-2013…

High Credit Demand Leads Massachusetts to Limit Applications

The Massachusetts Department of Housing & Community Development (MDHCD) is proposing to limit the number of applications a sponsor can submit and an increase in minimum project sizes for 2011. Developer demand for tax credits in 2010 exceeded their availability…

Michigan Proposing New Rules to Encourage LIHTC Development

The Michigan State Housing Development Authority (MSHDA) has proposed changes to its rules to make projects more feasible for LIHTC developers and to encourage new developers to participate in the program. A major change would eliminate the requirement that investors…

Maryland Loan Program Provides Financing for Energy Upgrades

The Maryland Department of Housing & Community Development (MDHCD) has established a loan program to finance improvements to energy systems for multifamily developments, single-family homes, and businesses. The program is called be SMART (Save Money and Resources Today), and if…

House 2012 Funding Bill Cuts RD Across the Board

The House passed the 2012 agriculture appropriations bill (H.R. 2112) on June 16 in which virtually all discretionary spending was cut. The effect of the amendment will result in a reduction in funding for the Section 515 Program of $457,080,…

HUD Relaxes Restrictions on ex-Criminals in Public Housing

HUD Secretary Shaun Donovan has issued a letter to public housing agencies clarifying that ex-criminals may live in public housing under certain conditions. HUD outlines only two explicit circumstances under which ex-criminals are prohibited from public housing or issuance of…

Congress Unveils New Section 8 Proposals

The House Housing Subcommittee has released a modified version of an earlier Section 8 Voucher Reform proposal, and chances for passage this year look to have improved over what they were earlier. The bill, entitled the Section 8 Savings Act,…

No More Paper Checks for Federal Benefits

Paper checks are being phased out for all federal benefit payments. Beginning May 1, 2011, anyone newly applying for Social Security, Veterans benefits or any other federal benefit, will need to choose an electronic payment method – paper checks will…

Mississippi Requiring Community Services for LIHTC Projects

The Mississippi Home Corporation (MHC) is requiring all 2011 low-income housing tax credit projects to provide tenant services not usually offered in affordable housing. The requirement, which is part of the Agency’s Qualified Allocation Plan (QAP) requires that projects commit…

Ohio Considering New Requirements for Tax Credit Market Studies

The Ohio Housing Finance Agency (OHFA) is considering the adoption of new requirements for tax credit project market studies. The changes would include new procedures that will demand more comprehensive conclusions regarding project feasibility. Analysts may also be required to…

HUD Notice Regarding Protection of Tenant Privacy

HUD has recently restated its intention to punish owners and managers of HUD assisted housing who fail to adequately safeguard the personally identifiable information (PII) of applicants and tenants in HUD assisted properties. Notice PIH 2010-15(HA), issued on May 6,…

Make Sure Your Section 8 Fact Sheet is Up-to-Date

HUD issued an updated Section 8 Fact Sheet in September 2010, but HUD noted in a TRACS conference call recently that many owners are still using the Fact Sheet from July 2007. There are differences in the two fact sheets…
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