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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…

A. J. Johnson to Offer Live Webinar on The Most Common LIHTC Non-compliance – Avoiding 8823s

October 16, 2021

A. J. Johnson will be conducting a webinar on October 26, 2021, on Avoiding the Most Common LIHTC Noncompliance – Remaining 8823 Free. The Webinar will be held from 1:00 PM to 2:30 PM Eastern time. Credit loss on tax…

A. J. Johnson to Offer Live Webinar on Tenant-on-Tenant Harassment; Limiting Fair Housing Liability.

October 12, 2021

A. J. Johnson will be conducting a webinar on November 3, 2021, on Tenant-on-Tenant Harassment; Limiting Fair Housing Liability. The Webinar will be held from 1:00 PM to 2:00 PM Eastern time. Dealing with tenant-on-tenant harassment is an evolving area…

A. J. Johnson to Host Live Webinar on Section 8 Management & Best Practices

October 9, 2021

A. J. Johnson will be conducting a webinar on October 19, 2021, on Section 8 Management and Best Practices. The Webinar will be held from 9 AM to 3:30 PM Eastern time. While most Section 8 training focuses on the…

HUD Provides Clarity on the Granting of HOME Funds to Entities That Then Loan the HOME Funds

October 2, 2021

In a recent edition of HOMEfires, HUD made it clear that a Participating Jurisdiction (PJ) may not grant or provide HOME funds to an entity that then lends the HOME funds to the owner of an affordable rental project. This…

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

September 4, 2021

During the month of September 2021, 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…

CDC Extends Eviction Moratorium

August 7, 2021

The Centers for Disease Control and Prevention (“CDC”) issued an order on Tuesday, August 3, 2021, that – after a short interruption – seeks to extend its prior eviction moratoriums, originally imposed in September 2020. The newest moratorium will expire…

A. J. Johnson to Offer Live Webinar on Criminal Screening Policies in Multifamily Housing

August 6, 2021

A. J. Johnson will be conducting a webinar on August 31, 2021, on Criminal Screening in Multifamily Housing – Recommended Policies & Procedures. The Webinar will be held from 1:00 PM to 2:30 PM Eastern time. Property owners may (and…

The Sovereign Citizens Movement and Affordable Housing

July 23, 2021

A number of our clients have contacted us recently to ask how to handle the applications of individuals who claim to be “sovereign citizens,” and state that the government has no right to verify their eligibility for affordable housing, such…

A. J. Johnson to Present Webinar on Hoarding – A Fair Housing Challenge.

July 23, 2021

A. J. Johnson will be conducting a webinar on August 3, 2021, on Hoarding – A Fair Housing Challenge. The Webinar will be held from 1:00 PM to 2:30 PM Eastern time. In May 2013, the American Psychiatric Association (APA)…

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