Latest News

News & Insights

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

Computing Adjustments to the Allowable Annual Credit for LIHTC Properties

  At the conclusion of an audit of a Low-Income Housing Tax Credit (LIHTC) taxpayer, the IRS will determine whether any adjustments to the amount of annual credit are appropriate. This will be...

Read full story

Amendment to the HUD Definition of Tuition, Notice H 2015-12

Amendment to the HUD Definition of Tuition, Notice H 2015-12   HUD published Notice H 2015-12 on November 18, 2015, amending the definition of tuition as it relates to both HUD Multifamily ...

Read full story

HUD Notice on Designation of Difficult Development Areas and Qualified Census Tracts for 2016

  On November 24, 2015, HUD issued a Notice in the Federal Register designating Difficult Development Areas (DDAs) and Qualified Census Tracts (QCTs) for purposes of the Low-Income...

Read full story

Developer Fees - How They are Viewed by the IRS

  Developer fees represent payment for a developer s services and are (at least partly) includable in eligible basis for a Low-Income Housing Tax Credit (LIHTC) project. There are three basi...

Read full story

HUD Notice Regarding Exclusion of Use of Arrest Records for Housing Decisions, Notice 2015-10

  On November 2, 2015, HUD issued Notice H 2015-10, Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decis...

Read full story

Understanding the Applicable Percentage for a Section 42 Property

[vc_row][vc_column][vc_column_text]The amount of annual Low-Income Housing Tax Credit (LIHTC) a building may receive is dependent on four factors: (1) Eligible Basis; (2) the Applicable Fraction; (3) ...

Read full story

Satellite Dishes - Rights of Landlords and Residents

[vc_row][vc_column][vc_column_text]Federal rules published by the Federal Communications Commission (FCC) give residents of apartment communities the right to install satellite dishes at an apartment ...

Read full story

The Determination of Qualified Basis for LIHTC Projects

[vc_row][vc_column][vc_column_text]The Determination of Qualified Basis for LIHTC Projects Qualified basis is a portion of a low-income building s eligible basis associated with the low-income un...

Read full story

Want news delivered to your inbox?

Subscribe to our news articles to stay up to date.

We care about the protection of your data. Read our Privacy Policy.