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IRS Issues Final Average Income Regulation

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A. J. Johnson
On October 7, 2022, the IRS published final and temporary regulations on the average income set aside for the LIHTC program. A quick review of the regulation indicates that the “cliff test” has been eliminated and owners will have more…

HUD Finalizes New MOR Scheduling Protocol

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A. J. Johnson
Section 8 properties are subject to audits and inspections known as Management & Occupancy Reviews (MORs). HUD has recently introduced a new risk-based management and occupancy review schedule. The new schedule is designed to streamline and reduce the number of…

Cooler Surfaces Create a Competitive Advantage

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A. J. Johnson
Multifamily housing developers – including those who build affordable housing – can reduce peak temperatures by replacing hot, dark surfaces – interior roads, rooftops, playgrounds, and parking lots – with cooler alternatives. With each summer seemingly getting hotter than the…

Novogradac Releases Study on 2023 Income Estimates

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A. J. Johnson
Novogradac and Company, a nationally recognized accounting firm in the area of affordable housing, has released a study on potential changes in income limits for 2023. Novogradac completed the estimates using five-year American Community Survey (ACS) data. When the Department…

HUD Updates National Nonmetropolitan Income Limits

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A. J. Johnson
When the Department of Housing & Urban Development (HUD) published the 2022 income limits (effective April 18, 2022), the Department simultaneously published the National Nonmetropolitan Income Limits (NNMIL) as part of the Frequently Asked Questions (FAQ) section of the Income…

HUD Issues MOR Rule and Notice

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A. J. Johnson
On June 27, 2022, the Department of Housing & Urban Development (HUD) published the Management and Occupancy Review (MOR) Rule and Notice in the Federal Register. The rule becomes effective on September 26, 2022. This final rule follows the 2015…

A. J. Johnson Partners with Colorado Housing on Average Income Webinar

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A. J. Johnson
A.J. Johnson will be presenting Average Income Minimum Set-Aside: Requirements and Best Practices on July 19, 2022, at 11:00 am (EST). This class will be offered through Colorado Housing and Finance Authority’s chfareach educational programming for affordable housing property owners and managers.  The…

HUD Publishes Various Income and Rent Limits

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A. J. Johnson
HUD has published the Fiscal Year 2022 income limits for Emergency Solutions Grants (ESG), Community Development Block Grant (CDBG), Housing Opportunities for People with Aids (HOPWA), the HOME Program, and the Housing Trust Fund (HTF). These limits will be effective…

Online Training

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Guidance

The Professional Property Manager's Guide to the Low Income Housing Tax Credit

An easy to understand and in-depth guide written by a nationally recognized leader in affordable housing compliance, A. J. Johnson.


The Professional Property Manager's Guide to the Violence Against Women Act

Designed to provide professionals in the affordable housing industry with an easy to understand reference manual for issues related to VAWA.

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