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

2015 Income Limits

On March 6, 2015, HUD published the 2014 income limits for HUD programs as well as for the Low-Income Housing Tax Credit and Tax-Exempt Bond programs. The limits for the LIHTC and Bond projects are pu...

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Update of Housing Trust Fund - February 18, 2015

As I noted in an earlier article, HUD has published interim regulations regarding how the Housing Trust Fund (HTF) program will be administered when funds are made available (hopefully in 2016). A fin...

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HUD Publishes 2015 Annual Adjustment Factors for Section 8 Rents

On February 9, 2015, HUD published a Notice in the Federal Register listing the Section 8 Housing Assistance Payments Program Annual Adjustment Factors (AAF) for fiscal year 2015. The adjustments may ...

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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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