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

Rent to Own vs. Seller Financing

The Difference Between "Seller Financing" and "Rent-to-Own"   Chapter Five of HUD Handbook 4350.3, Chg. 4 outlines various requirements relative to the determination of value and income for...

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Understanding Vicarious Liability

Understanding Vicarious Liability - A Key Element of Harassment Liability Under Fair Housing Law   In October 2015, HUD issued a proposed rule to create a new fair housing regulation ...

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Affirmatively Furthering Fair Housing Assessment Tool - Announcement of Final Approved Document, December 31, 2015

On December 31, 2015, HUD issued a Notice in the Federal Register announcing the final approved Affirmatively Furthering Fair Housing Assessment Tool. This is the Assessment Tool to be used by local g...

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Recapture - What it is and When it Occurs

Although taxpayers claim the low-income housing credit over a ten-year period, the owner of a low-income housing tax credit project is required to provide low-income housing in compliance with IRC 4...

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Fair Housing Trends - 2015

As we approach the end of the year, it is interesting to look back on 2015 and review the trends in fair housing that affect how we manage our properties. 2015 was an extremely active year from a fair...

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Tax Extenders Signed Into Law

Congress has passed and the President has signed the Protecting Americans from Tax Hikes (PATH) Act of 2016. The legislation includes a number of permanent (as opposed to temporary) extensions of e...

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Proposed Bill Would Require Eviction of Over-Income Public Housing Tenants

Representative Bradley Byrne (R-AL) has introduced HR 4133, a bill that would require removal of public housing tenants whose income after move-in exceeds the qualifying income limits. The proposed ...

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HUD Final Rule Defining "Chronically Homeless"

  On December 4, 2015, HUD published a final rule titled Homeless Emergency Assistance and Rapid Transition to Housing: Defining Chronically Homeless. This final rule establishes the ...

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