Latest News

News & Insights

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

Court Rules Low-Income Residents Are Not a Protected Group

In Moody et al v. The Related Companies, LP (decided in August 2022), affordable housing tenants in an upscale New York City development filed a disparate impact claim under the Fair Housing Act (FHA...

Read full story

Court Rules That Acceptance of Voucher May be Reasonable Accommodation

In Arnold v. Elmington Property Management, LLC, the U.S. District Court for the Northern District of Alabama ruled that a landlord should grant as a reasonable accommodation its acceptance of Sectio...

Read full story

IRS Provides Unexpected Extension of COVID Relief

The IRS has published Notice 2022-52, providing unexpected extensions to HFAs and LIHTC properties due to the COVID pandemic. The relief has been granted due to unavoidable labor and supply-chain ...

Read full story

Significant Improvements in Final Average Income Regulation

The IRS released final and temporary regulations on the Low-Income Housing Tax Credit Average Income Test Regulations on October 7, 2022. The regulation is now in effect. In general, these substan...

Read full story

Social Security COLA - 2023

The federal government announced on October 13, 2022, that the Social Security Cost of Live Adjustment (COLA) for 2023 will be 8.7%, which is the largest increase since 1981. This increase will provi...

Read full story

Social Security COLA is Expected to be Announced on October 12 or 13.

The annual Cost of Living Adjustment (COLA) for Social Security should be announced no later than October 13 and based on the inflation rate to date, may be as high as 8.7%. It's likely to be the ...

Read full story

A. J. Johnson Joins Mid-Atlantic AHMA for Fall Conference on Affordable Housing

A. J. Johnson will be participating in the Mid-Atlantic Affordable Housing Management Association Fall Conference on Affordable Housing in November 2022. The Conference will be held from November 15-...

Read full story

IRS Issues Final Average Income Regulation

On October 7, 2022, the IRS published final and temporary regulations on the average income set aside for the LIHTC program. A quick review of the regulation indicates that the cliff test has b...

Read full story

Want news delivered to your inbox?

Subscribe to our news articles to stay up to date.

We care about the protection of your data. Read our Privacy Policy.