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A. J. Johnson Partners with Mid-Atlantic AHMA for July Training on Affordable Housing

June 12, 2022

During the month of July 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for three live webinar training sessions intended for real estate professionals, particularly those in the affordable multifamily housing field. The following…

Eviction Due to Unauthorized Occupants Possible with Solid Documentation

June 4, 2022

In Montgomery Street Housing Urban Renewal, LLC v. Sheriff (June 2021), a property owner sued to evict a resident for lease violations relating to an unauthorized occupant. The New Jersey property, Montgomery Heights Apartments, is a Low-Income Housing Tax Credit…

Security Deposit Replacement Products – The Traditional Security Deposit May Soon Sharing Space with New Alternative

May 29, 2022

The standard practice of paying a month’s rent (or more) is being challenged in the multifamily marketplace with new alternatives to the cash security deposit. These new products represent a gamechanger for the way landlords protect themselves from potential damages…

HUD Publishes Various Income and Rent Limits

May 28, 2022

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…

The Affordable Connectivity Program Can Increase Internet Access for Low-Income Households

May 21, 2022

There is a new federal subsidy program that can help low-income families pay for Internet service. The Affordable Connectivity Program (ACP), offered through many Internet service providers, gives households $30 per month to cover the cost of internet service and…

A. J. Johnson Partners with Mid-Atlantic AHMA for June Training on Affordable Housing – Including an In-Person HCCP Exam

May 10, 2022

During the month of June 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for one live webinar and two in-person training sessions intended for real estate professionals, particularly those in the affordable multifamily housing…

A. J. Johnson to Host Webinar on Development of Affirmative Fair Housing Marketing Plans – AFHMP

April 24, 2022

A. J. Johnson will be conducting a one-hour webinar on May 4, 2022, on Requirements Regarding the Development of Affirmative Fair Housing Marketing Plans (AFHMP). The Webinar will be held at 1:00 PM Eastern Time. The Fair Housing Act requires…

HUD Publishes 2022 Income Limits

April 19, 2022

On April 18, 2022, HUD published the 2022 income limits for HUD programs as well as for the Low-Income Housing Tax Credit and Tax-Exempt Bond programs. The limits are effective on April 18, 2022. The limits for the LIHTC and…

A. J. Johnson Partners with Mid-Atlantic AHMA for May Training on Affordable Housing

April 12, 2022

During the month of May 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for two live webinars and one in-person training intended for real estate professionals, particularly those in the affordable multifamily housing field.…

April Affordable Housing Training – A. J. Johnson & Mid-Atlantic AHMA Partnership

April 10, 2022

During the month of April 2022, A. J. Johnson is partnering with the MidAtlantic Affordable Housing Management Association for four live webinars intended for real estate professionals, particularly those in the affordable multifamily housing field. The following live webinars will…

Remote Work – Here to Stay

March 27, 2022

Now that the pandemic is showing signs of waning and life is beginning to return to normal, we are all eager to see if the workplace will also look like it did pre-pandemic. The answer is becoming increasingly clear –…

Treasury Announces ERA1 Reallocation for Round 2

March 26, 2022

The Department of Treasury has announced the Round 2 reallocations for the Emergency Rental Assistance 1 (ERA1) funds. This was a reallocation of funds that were not used by the entities to whom the funds were initially allocated. A total…

A. J. Johnson Partners with Mid-Atlantic AHMA for April 2022 Training on Affordable Housing

March 12, 2022

During the month of April 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for four live webinars intended for real estate professionals, particularly those in the affordable multifamily housing field. The following live webinars…

HUD to Enforce Carbon Monoxide Protections in HUD Projects

February 26, 2022

On January 31, 2022, HUD issued Notice H-2022-01, clarifying federal requirements for carbon monoxide (CO) alarms and detectors. CO is a byproduct of fuel-fired combustion appliances such as furnaces and water heaters. If these appliances are not properly vented, the…

A. J. Johnson to Host Webinar of LIHTC Acquisition/Rehab Issues

February 23, 2022

A. J. Johnson will be conducting a 1.5-hour webinar on March 2, 2022, on Critical Issues Relating to the Acquisition & Rehabilitation of LIHTC properties. The Webinar will be held at 1:00 PM Eastern Time. This 1.5-hour session focuses on…

A. J. Johnson Partners with Mid-Atlantic AHMA for March Training on Affordable Housing

February 18, 2022

During the month of March 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for three live webinars intended for real estate professionals, particularly those in the affordable multifamily housing field. The following live webinars…

HUD Awards $20 Million for Eviction Protection and Diversion

February 12, 2022

In a first-of-its-kind action, the Department of Housing & Urban Development (HUD) has awarded $20 million in grants from its Eviction Protection Grant Program. These grants are being awarded to legal service providers to assist their efforts in providing legal…

Treasury Inspector General Issues Report Critical of IRS LIHTC Oversight

February 5, 2022

On January 26, 2022, the Treasury Inspector General (IG) for Tax Administration released a report titled, “Oversight of the Low-Income Housing Tax Credit Program Can Be Improved.” The audit was initiated at the request of the previous Chairman of the…

A Little Known Employment Tax Credit May Assist Multifamily Owners

January 30, 2022

Many owners and managers of affordable multifamily housing properties are finding it difficult to find qualified staff to work either at the properties or at the main office. This problem has been around for a long time but has been…

A. J. Johnson Partners with Mid-Atlantic AHMA for February Training on Affordable Housing

January 15, 2022

During the month of February 2022, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for three live webinars intended for real estate professionals, particularly those in the affordable multifamily housing field. The following live webinars…

A. J. Johnson to Offer Average Income Live Webinar

January 14, 2022

A. J. Johnson will be conducting a webinar on January 26, 2022, on Requirements & Best Practices Relating to the Average Income Minimum Set-Aside for LIHTC properties. The Webinar will be held at 1:00 PM Eastern Time. The Average Income…

IRS Extends COVID-19 Relief for LIHTC and Tax-Exempt Bond Properties

January 11, 2022

On Friday, January 14, 2022, the IRS will release a notice (2022-05) extending widespread temporary relief from certain requirements for low-income housing tax credit (LIHTC) financed and private activity tax-exempt bond-financed properties due to the COVID-19 pandemic. Extended relief will…

Child Care and Affordable Housing – A Potential “Win/Win” for Residents and Owners

January 2, 2022

A “gray rhino” is a highly probable, high-impact yet neglected threat. These are not random surprises but occur after a series of warnings and visible evidence. The bursting of the housing bubble in 2008, the aftermath of hurricanes, and the…

Expected 2022 Minimum Wage Changes

December 21, 2021

In 2022, 20 states will have new minimum wage rates. Many of the changes will take place on January 1 but some states make the change on July 1 while other states increase rates on odd schedules, such as Connecticut,…

A. J. Johnson to Host Live Webinar on The 4 Percent LIHTC Floor – IRS Revenue Ruling 2021-20.

December 12, 2021

A. J. Johnson will be conducting a one-hour live webinar on January 6, 2022, on The 4 Percent LIHTC Floor – IRS Revenue Ruling 2021-20. The Webinar will be held from 1:00 PM to 2:00 PM Eastern time. On December…

A.J. Johnson to Provide Live Fair Housing Webinar on December 29

December 9, 2021

A. J. Johnson will be conducting a webinar on December 29, 2021, on Compliance with Federal & State Fair Housing Requirements. This is A.J.’s last Fair Housing training of 2021 and is a must for individuals required to take fair…

IRS Issues Revenue Ruling on 4 Percent Tax Credit Floor

December 4, 2021

The IRS has issued Revenue Ruling 2021-20, providing clarity on when taxpayers may claim the fixed four percent credit for properties with tax-exempt bonds. The IRS addressed three separate issues relative to the 4% credit: Does the minimum 4% applicable…

HUD Provides Fair Housing Funding to 51 Agencies

November 14, 2021

On November 3, 2021, the Department of Housing & Urban Development (HUD) awarded $13.6 million in American Rescue Plan (ARP) funding to enable 51 HUD Fair Housing Initiatives Program (FHIP) agencies to conduct a wide range of fair housing enforcement,…

A. J. Johnson to Host Live Webinar on Interviewing Skills for Affordable Housing Managers

November 13, 2021

A. J. Johnson will be conducting a webinar on November 23, 2021, on Interviewing Skills for Affordable Housing Managers. The Webinar will be held from 1:00 PM to 4:00 PM Eastern time. One of the most important skills any affordable…

A 2023 Reduction in Income Limits is Possible

November 7, 2021

The Census Bureau has announced that it will not release a one-year American Community Survey (ACS) for 2020. Without this survey, the Department of Housing & Urban Development (HUD) will almost certainly be restricted to the use of the five-year…

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