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A. J. Johnson Partners with Mid-Atlantic AHMA for April Training Series
During the month of April 2021, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association for two live webinars intended for real estate professionals, particula... 04/11/2021
CDC Extends Eviction Moratorium
On March 29, 2021, the Centers for Disease Control and Prevention (CDC) extended the federal eviction moratorium. The moratorium that was scheduled to expire on March 31, 2021, is now extended throug... 04/01/2021
HUD Publishes 2021 Income Limits
On April 1, 2021, HUD published the 2021 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 1, 2021.  ... 04/01/2021
IRS Issues Clarifying Guidance Relating to COVID-19 Occupancy Relief
In January 2021, the IRS published Notice 2021-12, extending and expanding on the COVID-19 relief provided by Notice 2020-53 that was issued in July 2020. Section IV.E of Notice 2021-12 provided a... 03/27/2021
HCCP Online Exam Now Being Offered By A. J. Johnson Consulting Services - Correction
Following is a correction to an earlier posted article on the HCCP online exam. Starting on March 8, 2021, A. J. Johnson Consulting Services will be offering the online version of the Housing Cred... 03/13/2021
HCCP Online Exam Now Being Offered By A. J. Johnson Consulting Services
Starting on March 8, 2021, A. J. Johnson Consulting Services will be offering the online version of the Housing Credit Certified Professional (HCCP) exam. Unlike the in-person exam, the online exam w... 03/06/2021
A. J. Johnson Partners with Mid-Atlantic AHMA for March Training Series
During the month of March 2021, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association in a series of live webinars for real estate professionals, particularl... 02/28/2021
CDC Extends Residential Eviction Order
On January 29, 2021, the Centers for Disease Control and Prevention (CDC) issued an order extending the eviction moratorium to March 31, 2021. The order continues to ban evictions for certain renters... 02/07/2021
President Biden Issues Wide-Ranging Executive Order Relating to Fair Housing
If there was any doubt about how the new Administration s approach to fair housing will differ from that of the prior administration, the Executive Order signed by President Biden on January 26, 2021... 02/06/2021
A. J. Johnson Partners with Mid-Atlantic AHMA for February Training Series
During the month of February 2021, A. J. Johnson will be partnering with the MidAtlantic Affordable Housing Management Association in a series of live webinars for real estate professionals, particul... 01/31/2021
Democratic Control of Executive and Legislative Branches Increase Chances for Affordable Housing Initiatives
Since Senators-elect Reverend Raphael Warnock and Jon Ossoff won the January 5 Georgia run-off elections, the Senate will be evenly divided between 50 Republicans and 50 Democrats. Vice-President-ele... 01/17/2021
IRS Extends COVID-19 Relief
In response to the COVID-19 pandemic, the IRS issued Notice 2020-53 in July 2020.  This Notice provided temporary relief from certain requirements under 42 of the Internal Revenue Code and 14... 01/16/2021
Work Patterns Will Never Be the Same Again - Long Term Planning & Preparation is Key
Despite the death grip COVID-19 has had, the global economy is on the threshold of a burst of growth driven by technology. If long-gestating technologies like Artificial Intelligence (AI) and auto... 01/10/2021
Fixed Four Percent Credit - When Does it Apply?
The COVID-19 relief legislation that was recently signed into law included a provision fixing the four percent LIHTC at an actual four percent rate. This floor applies both to properties with tax-exe... 01/03/2021
Virginia Landlord Settles Sexual Harassment Case
On September 29, 2020, the U.S. Department of Justice (DOJ) announced that Gary T. Price, a manager of rental properties in and around Harrisonburg, VA, together with owners of the properties, Albert... 01/02/2021
New York Passes Comprehensive Anti-Eviction Law
The New York State Legislature convened an unusual special session just after Christmas to pass one of the nation s most comprehensive anti-eviction laws, which will ban landlords from evicting most ... 12/29/2020
Trump Finally Signs Funding and Relief Bills
On December 27, 2020, President Trump finally signed the FY 2021 Omnibus Spending and COVID-19 Relief Bills. Passage of these two pieces of legislation will impact the affordable housing industry in ... 12/28/2020
HUD Takes Hard Line on Local "Nuisance" Policies that Target Affordable Housing
A recent compliance agreement entered into between the Department of Housing & Urban Development (HUD) and a California city demonstrates the aggressive approach HUD will take against localities ... 12/27/2020
HUD Publishes Operating Cost Adjustment Factors (OCAF) for 2021
On November 27, 2020, HUD published in the Federal Register a Notice of Certain Operating Cost Adjustment Factors for 2021. These OCAFs may be used for eligible project-based assistance properties th... 12/26/2020
HIghlights of COVID-19 Relief Bill
President Trump is expected to sign the massive, year-end catchall bill Congress passed that combines $900 billion in COVID-19 aid with a $1.4 trillion omnibus spending bill and reams of other unfini... 12/22/2020
Minimum Wage to Increase in Many Areas in 2021
In 2021, 19 states will have new minimum wage rates. Affordable housing managers responsible for determining the income of applicants and residents need to be aware of state and local minimum wage... 12/21/2020