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

Court Rules that Owner Can Evict Resident for Marijuana-Related Lease Violations in State That Permits Medical Marijuana Use

            In Sherwood Associates, LP v. Jackson, January 2019, the Maine Supreme Court ruled that an owner could evict a resident for marijuan...

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Rules for Electronic Waiting Lists at HUD Projects

In most cases, HUD projects are required to maintain waiting lists. A waiting list is a formal record of applicants for housing that identifies the applicant s name, date and time of application, s...

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Fair Housing Testing - Understanding How it Works

            Fair housing testing was first approved by the Supreme Court in 1982. The purpose of fair housing testing is to determine the likeli...

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Independent Landlords Suffered Under the Shutdown

IThe National Association of Independent Landlords (NAIL) has published a report showing that landlords who worked with government employees who were unable to pay their rent during the recent govern...

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Opportunity Zones - How Tax Breaks for the Wealthy May Benefit the Less Well-Off

         Doing well while doing good has long been a mantra of the wealthy looking for ways to preserve their wealth while doing something worthwhile for...

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HUD Reduces Time for Advance Notice of REAC Inspections

On February 20, 2019, HUD announced in a press release a new Notice that reduces to 14 calendar days (from 120-days) the advance notification inspectors will give before conducting physical inspectio...

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IRS Final Regulation on LIHTC Compliance Monitoring

On Tuesday, February 26, 2019, the IRS will publish in the Federal Register a final regulation on how state Housing Finance Agencies (HFAs) must monitor low-income housing tax credit (LIHTC) properti...

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The Family Self-Sufficiency (FSS) Program - A Tool for Section 8 Owners

The Family Self-Sufficiency (FSS) Program was authorized by Congress in 1990 and is administered by the Department of Housing & Urban Development (HUD). FSS helps low-income families get out o...

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