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

Non-Retirement Investment Accounts - How to Treat for Affordable Housing Purposes

Most operators of affordable multifamily rental housing know that when regular payments are made from retirement accounts, those payments count as income, and any amounts remaining in the account are...

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HUD Awards $20 Million for Eviction Protection and Diversion

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 ...

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Treasury Inspector General Issues Report Critical of IRS LIHTC Oversight

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 wa...

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A Little Known Employment Tax Credit May Assist Multifamily Owners

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 ar...

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Massive Pandemic Evictions Fail to Materialize

When the COVID-19 pandemic began in March 2020, many housing experts predicted a wave of pandemic-related evictions from our nation s apartments. There were predictions that as many as 40 million p...

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

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, part...

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A. J. Johnson to Offer Average Income Live Webinar

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...

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IRS Extends COVID-19 Relief for LIHTC and Tax-Exempt Bond Properties

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 act...

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