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

FAST Act Interim Final Rule Effective March 12, 2018

On December 12, 2017, HUD published an interim final rule in the Federal Register that amends the regulatory language for Public & Indian Housing PIH) and Multifamily Housing rental assistance pro...

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The Importance of Internal Controls

All executives are taught the importance of internal controls. Unfortunately, many executives don t fully understand what is meant by the term internal controls. A recent HUD audit of a ...

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Possible Work Requirements and Rent Changes for Affordable Housing

I have recently reviewed a draft, unpublished document dated January 17, 2018, from HUD that introduces minimum work requirements for some residents of assisted housing and raises rent for others. ...

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Rental Assistance - Is It Income or Not?

After more than 40 years in the affordable housing business, I still occasionally get the question as to why federal rental assistance - such as Section 8 - is not counted as income. After all, it is ...

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Civil Rights Lawsuit Brought Against America's Largest Landlord for Criminal Screening Procedures

In a complaint filed in the United States District Court for the District of Columbia on December 12, 2017, the nonprofit Equal Rights Center (a Washington, DC civil rights group), and the Washington ...

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Independent Contractor or Employee - How to Tell the Difference

Affordable housing property managers are required to verify the income of applicants and residents in order to determine both eligibility and (for some programs) rent. The most common type of income r...

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Self-Employed Individuals in Affordable Housing Properties

One of the most difficult type of income to determine for managers of affordable housing rental properties (e.g. Section 8 or Low-Income Housing Tax Credit [LIHTC]) is self-employment income. Based on...

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NCSHA Publishes 2017 Recommended Best Practices

The National Council of State Housing Agencies (NCSHA) has updated its Recommended Practices in Housing Credit Administration for voluntary adoption by Housing Credit Agencies. The organizations fi...

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