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

A. J. Johnson Consulting to Introduce Pre-MOR Review Service

A. J. Johnson Consulting Services will begin offering a new service in January 2013. This service will be conducting pre-MOR reviews for properties with project-based Section 8 assistance. Those pro...

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IRS Proposed Rule on Utility Allowances

The IRS has published a proposed regulation that will amend the IRS utility allowance regulation 1.42-10. This regulation outlines requirements relative to utility allowances on low-income housing tax...

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The Importance of Cost Segregation Studies

Cost segregation is the process of examining all the physical components of a property and classifying them based on their life expectancy for tax purposes. A major tax court case (AmeriSouth v. Commi...

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Must a Tax Credit Unit be a Tenant’s Only Residence?

Must a Tax Credit Unit be a Tenant s Only Residence?   I get asked the question above fairly often, and I always reply, yes, without ever providing a regulatory or statutory source for ...

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State Registered Lifetime Sex Offenders in Federally Assisted Housing

On June 11, 2012, HUD published Notice H 2012-11, which clarifies and supercedes Notice H 2009-11. The Notice reiterates the responsibilities of owners and agents of HUD-assisted properties relative t...

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Maryland Appeals Court Deems Pit Bulls Inherently Dangerous

In Tracey v. Solesky, No. 53, September Term 2012,the Maryland Court of Appeals has determined that showing that the owner of a dog or the landlord of a property knew that a dog is at least part pit b...

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HUD Proposed Rule on Project-Based and Tenant-Based Vouchers

On May 15, 2012, HUD published a Proposed Rule on the implementation of the HERA 2008 changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs. The proposed rule may ...

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$1 Million Discrimination Settlement Reached Between HUD & PR Condo Association

HUD announced today that an agreement has been reached with a condo association in Puerto Rico with the settlement amount valued at $1 million. Isleta Marina, a two-tower, 360 unit development was al...

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