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Stay informed with the latest news and updates regarding the affordable housing industry.

Violence Against Women Act

As you may know, Congress did not extend the Violence Against Women Act (VAWA) at the end of 2012. However, the Congressional failure to act only terminated appropriations under the program; the Statu...

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IRS Priorities for 2013 Relating to LIHTC

During 2013, the IRS will review various issues under Section 42 of the IRC, including the following:   Guidance relating to the application of the design and construction accessibility requir...

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Effect of Sequestration on Affordable Housing

As anyone who watches the news knows, if Congress does not act by March 1, 2013, sequestration will kick in. When people talk about sequestration, or "sequester cuts, they are referring to a series of...

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New Tool for Landlords – Cash Payments Without the Cash

There are many reasons why most landlords do not accept cash rent payments. Paper money creates dangers for both renters and landlords and is much more subject to loss or theft. However, many renter...

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No More Paper Checks for Federal Retirement Benefits

In an effort to save money, Federal officials began retiring paper checks in favor of direct deposits and prepaid 'Direct Express' debit cards in May, 2011. Since then, the Treasury Department has re...

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Social Security Benefits Verification Now Available Online

Social Security recipients can now get their benefits verification letter and conduct other business online, as part of enhanced Web services introduced on January 7, 2013 by the federal government. ...

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Section 45L Energy Tax Credit

Section 45L Energy Tax Credit   When Congress passed the American Taxpayer Relief Act of 2012, it extended the Section 45L tax credit, which provides eligible contractors of homes -including ap...

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Treatment of Basic Housing Allowance for purposes of Income Eligibility Rules

Treatment of Basic Housing Allowance for purposes of Income Eligibility Rules   The Tax Act Passed last night once again excludes the military Basic Allowance for Housing (BAH) (37 U.S.C sec. 4...

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