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

Proposed Rural Housing Service Rule will Reduce Financial Reporting Requirements

On August 6, 2015, the Rural Housing Service (RHS) published a proposed rule in the Federal Register that will amend current regulations to change program requirements regarding financial reporting. T...

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IRS Publishes Revised LIHTC Audit Guide - August 11, 2015

The IRS has published a revised Audit Guide for the Low-Income Housing Tax Credit Program, with a revision date of August 11, 2015. The Guide is intended to assist IRS examiners when auditing Partners...

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Assistance Animals - A Reminder on What is Required

On July 15, 2015, HUD charged the owners and manager of Viking Villas, a 36-unit apartment complex in Sioux Falls, SD, with a violation of the Fair Housing Act for refusing to grant a reasonable accom...

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Rural Housing Service Accepting Applications for Multifamily Preservation and Revitilization (MPR)

On August 3, 2015, the Rural Housing Service published a Notice in the Federal Register announcing the timeframe to submit applications to participate in a demonstration program to preserve and revita...

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GAO Recommends Joint HUD - IRS Oversight of LIHTC Program

Responding to a request from Senator Charles Grassley, Chairman of the Senate Judiciary Committee, the Government Accountability Office (GAO) as performed a review of the oversight and administration ...

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Affirmatively Furthering Fair Housing - HUD Final Rule

On July 8, 2015, the Department of Housing & Urban Development (HUD) issued a final rule on the procedures that must be followed by localities with regard to affirmatively furthering fair housing....

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RAD - Revised Program Notice PIH-2012-32, REV-2

On June 26, 2015, HUD published a Notice in the Federal Register revising some of the rules of the Rental Assistance Demonstration (RAD) Program. HUD s original notice on the program was published o...

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HUD Guidance on First Amendment Conflict with Fair Housing

HUD Guidance on First Amendment Conflict with Fair Housing   The Department of Housing & Urban Development (HUD) published Notice FHEA-2015-01 on May 26, 2015. The title of the Notice is Su...

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