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

HUD Publishes Interim Rule on Administration of the Housing Trust Fund

The Housing & Economic Recovery Act of 2008 (HERA) established a Housing Trust Fund (HTF) to be administered by HUD. The purpose of the HTF is to provide grants to State governments to increase an...

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Poverty Guidelines Published by HHS - Income Limits to Follow

On January 22, 2015, the U.S. Department of Health & Human Services published the 2015 Poverty Guidelines in the Federal Register. These guidelines are used to determine financial eligibility for ...

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E-Book on LIHTC Compliance Now Available

As you well know, the federal low-income housing tax credit program is complicated. Staying in compliance with all of the program s rules - and successfully interpreting the gray areas - is essentia...

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HUD Memo Regarding Occupancy Protections for Residents in LIHTC Projects

HUD Memo Regarding Occupancy Protections for Residents in LIHTC Projects   On January 12, 2015, HUD sent a memorandum to HUD offices and contract administrators providing guidance on protection...

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Documents to Retain for LIHTC Projects

Documents to Retain for Low-Income Housing Tax Credit Projects   In September 2014, the IRS published the Audit Guide for Low-Income Housing Tax Credit Projects. This guide is intended to assis...

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Five Reasons to Go Smoke Free at Multifamily Properties

I have worked with a number of clients in assisting them to transition from smoking to non-smoking at their multifamily properties, and in all cases, the change has been positive - for both the owner ...

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HUD Proposed Regulation Regarding MOR Reviews and Vacancy Payments, January 14, 2015

HUD issued a proposed rule on January 14, 2015 titled "Streamlining Management & Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section...

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HUD Proposed Rule on Multifamily Program Changes - January 6, 2015

HUD published a Proposed rule on 1/6/15, with comments due by March 9, 2015. The proposed rule makes some significant changes to operating procedures for many of HUD s multifamily housing programs, ...

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