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

Winning Reasonable Accommodation Cases

Every owner and manager of a housing development understands (or should understand) that disabled applicants and residents have the right to request that properties be modified (reasonable modificati...

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IRS Chief Counsel Memorandum Takes Hard Line on LIHTC Common Area Noncompliance

An IRS Chief Counsel Memorandum issued on May 22, 2019 takes a hard line regarding the noncompliance of common area for purposes of 42 Low-Income Housing Credit. The memo was prepared by the Off...

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Save Affordable Housing Act of 2019

On June 25, 2019, four U.S. Senators and three members of the House introduced the Save Affordable Housing Act of 2019. The sole purpose of this proposed legislation is to repeal the qualified contra...

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IRS Issues New Guidance on General Public Use Rules - Revenue Procedure 2019-17

The IRS has issued Revenue Procedure 2019-17, which allows projects with tax-exempt bonds issued on or after April 3, 2019, to apply the general public use rules for residential rental housing in the...

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HUD Proposed Rule Would Ban All Undocumented Immigrants from Assisted Housing

On April 17, 2019, the Department of Housing & Urban Development (HUD) sent a proposed rule to Congress that would ban any undocumented immigrant from receiving federal housing assistance. This n...

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2019 HOME Income Limits

HUD has published the 2019 HOME income limits. The limits will be effective on June 28, 2019. Until that date, HOME fund recipients should continue to use the 2018 HOME income limits, which were publ...

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Proposed Changes to LIHTC Program

     On June 4, 2019, S. 1703, The Affordable Housing Credit Improvement Act of 2019, was introduced in the Senate. It offers some major revisions to the Low-Income Housing ...

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Criminal Background Checks and Fair Housing

     The federal Department of Housing & Urban Development (HUD) and the Department of Justice (DOJ) are making investigations of fair housing violations in three specific are...

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