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

Determining the Income of LIHTC Applicants and Residents

The determination of income is a primary requirement when determining the eligibility of applicants and residents at Low-Income Housing Tax Credit (LIHTC) Properties. While individual Housing Finance...

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RAD First Component - Eligibility, Conversion Requirements, and Financing Considerations

On September 5, 2019, HUD issued Notice H-2019-09, PIH-2019-23 (HA), Rental Assistance Demonstration - Final Implementation, Revision 4. This revised notice provides program instructions for the Rent...

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Dealing with Resident Owned Real Estate at Affordable Housing Properties

When determining the income of a household at an affordable housing complex with income limitations, the valuation of resident owned assets and the calculation of real or possible income from those a...

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HUD Issues Revised Final Implementation Notice for RAD Program

On September 5, 2019, HUD issued Notice H-2019-09, PIH-2019-23 (HA), Rental Assistance Demonstration - Final Implementation, Revision 4. This revised notice provides program instructions for the Rent...

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Hoarding - Reasonable Accommodation Requirements Under Fair Housing Law

A reasonable accommodation (RA) is the request for a waiver of a policy, practice, or procedure of a housing provider in order to provide equal access and opportunity for people with disabiliti...

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Rental Application/Lease/Lease Riders - Critical LIHTC Documents

It is important that early in the application process, prospects be advised of the applicable income limits and student requirements for occupancy in a Low-Income Housing Tax Credit (LIHTC) property....

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HUD Issues Guidance on Tenant Notification Requirements Relating to Physical Inspections

On July 8, 2019, the Department of Housing & Urban Development (HUD) issued a memo for HUD staff and multifamily owners and agents (O/As) clarifying owner responsibilities to notify residents in ...

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Resident Protections in a Low-Income Housing Tax Credit Property -- "Good Cause" Termination

Every Section 42 Low-Income Housing Tax Credit (LIHTC) property must have a recorded Extended Use Agreement (EUA). One of the requirements of an EUA is that it prohibit eviction or termination of occ...

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