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

Emotional Support Animals - How "Necessary" Are They?

Every apartment manager is familiar with Emotional Support Animals, or ESAs. I would venture to say there are very few multi-family communities in existence today that don t have at leas...

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IRS Releases Revised Form 8609 with Income Average Election

On May 31, 2018, the IRS released a revised Form 8609 adding a third minimum set-aside election - Average Income . The release did not include revised or updated Instructions for completion of th...

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The State of Fair Housing - 2018

The National Fair Housing Alliance (NFHA) has published Making Every Neighborhood a Place of Opportunity, a report on the condition of fair housing in the United States in 2018. As much as anyth...

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HUD Publishes 2018 HOME Rent and Income Limits

HUD has now published the 2018 income and rent limits for the HOME program. These limits are effective beginning June 1, 2018, and HOME grantees may not use the new rent and income limits until the ef...

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HUD Proposed Legislation on Assisted Rents and Other Issues

On April 25, 2018, HUD sent a legislative proposal to Congress titled, Making Affordable Housing Work Act of 2018. The proposed legislation contains seven sections that, if passed into law by Co...

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HUD-DOJ Initiative to Fight Sexual Harassment in Housing

The Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) have begun a nationwide initiative intended to combat sexual harassment in housing. This effort includes an in...

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Additional Guidance on the Income Average Test

In order to meet the minimum set-aside, if owners select the new Income Average test, at least 40% of the units in the project must have rents and incomes at the various designated unit income limits ...

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HUD Publishes 2018 Income Limits

On March 30, 2018, HUD published the 2018 income limits for HUD programs as well as for the Low-Income Housing Tax Credit and Tax-Exempt Bond programs. The limits are effective on April 1, 2018. The l...

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