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A. J. Johnson

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A. J. Johnson Partners with Mid-Atlantic AHMA for December Training on Affordable Housing – December 2024

November 12, 2024

During December 2024, A. J. Johnson will partner with the MidAtlantic Affordable Housing Management Association for two live webinar training sessions for real estate professionals, particularly those in the affordable multifamily housing field. Following the webinars, AJ will review testable…

Impact of the Election on Affordable Rental Housing Production

November 9, 2024

While it is too early to predict with any certainty what the election of Donald Trump will mean for the affordable housing industry, we can make some assumptions based on the policy positions he has outlined so far. Trump’s election…

USDA Proposes Mandatory Deed Recording Requirements for Section 538 Rural Rental Housing Program

November 8, 2024

The Rural Housing Service (RHS) of the U.S. Department of Agriculture has proposed a new rule requiring separate deed restrictions to be recorded for properties financed under the Guaranteed Rural Rental Housing Program (GRRHP). This proposed change aims to ensure…

IRS Announces Historic Increases for 2025 Tax Credit Multipliers and Small State Minimums

October 26, 2024

On October 22, 2024, in Revenue Procedure 2024-40, the Internal Revenue Service (IRS) revealed significant increases for key tax credit multipliers and minimum thresholds for 2025, setting historic highs in several areas. These changes impact the Low-Income Housing Tax Credit…

HUD Issues New Guidance on Solar and Rooftop Leases for Multifamily Housing

October 19, 2024

The U.S. Department of Housing and Urban Development (HUD) has released new guidance on solar, cell tower, and rooftop leases for HUD-assisted and HUD-insured multifamily housing projects. This guidance aims to streamline the process for property owners to enter into…

A. J. Johnson to Participate in 29th Annual Mid-Atlantic AHMA Fall Conference

October 14, 2024

A. J. Johnson will participate in the Mid-Atlantic Affordable Housing Management Association (AHMA) 29th Annual Fall Conference, which will take place in Richmond, VA, from November 19-21, 2024. This year’s conference promises to be invaluable for professionals in the affordable…

Rural Development Issues Emergency Call System Guidance

October 11, 2024

The Rural Housing Service (RHS) has issued an Unnumbered Letter providing guidance to Multifamily Housing (MFH) staff and program participants regarding emergency call systems, also referred to as “pullcords” in MFH units. Installing and using emergency call systems in MFH…

2025 Social Security COLA Announced

October 10, 2024

The federal government announced on October 10, 2024, that the Social Security Cost of Living Adjustment (COLA) for 2025 will be 2.5%, slightly lower than the 3.2% increase for 2024. This increase will provide an additional $50 per month for…

New York City Reaches Landmark Settlement Agreement on Fair Housing Practices

October 6, 2024

In a significant development for fair housing in New York City, Parkchester, a major residential complex in the Bronx, has entered into a comprehensive settlement agreement to address allegations of discriminatory rental practices. The deal, reached with the New York…

Rural Development Service Announces Change to HOTMA Implementation Date

October 5, 2024

On October 3, 2024, the Rural Housing Service (RHS) announced a change in the Housing Opportunity Through Modernization Act (HOTMA) implementation date. On September 20, 2024, the Department of Housing and Urban Development (HUD) announced that the compliance date for…

HUD Adds Income Exclusion for Veterans Disability for HUD-VASH Participants – IRS Adopts for LIHTC

September 28, 2024

The Department of Housing and Urban Development (HUD) published a Notice in the August 13, 2024, Federal Register announcing policy changes to the Veterans Affairs Supportive Housing (VASH) program to improve access for veterans experiencing homelessness. Homeless veterans often receive…

HUD Extends HOTMA Implementation Date

September 24, 2024

On September 24, 2024, the HUD Office of Multifamily Housing (MFH) published Housing Notice H 2024-09, extending the date that Owners must fully comply with the HOTMA final regulations to July 1, 2025. MFH will soon release a series of…

Determining the Cutoff Date for HUD Required Annual Reexaminations

September 21, 2024

In dealing with clients on HUD-assisted properties that require annual reexaminations, we still find some confusion among managers relative to the cutoff date by which residents must report for the yearly reexamination interview. Managers of HUD-assisted properties understand that the…

A. J. Johnson Partners with Mid-Atlantic AHMA for Affordable Housing Training in October 2024

September 9, 2024

In October 2024, A. J. Johnson will partner with the MidAtlantic Affordable Housing Management Association for a live webinar training session for real estate professionals, especially those in the affordable multifamily housing field. The following session will be presented: October…

Rural Development Provides Comprehensive Information Regarding HOTMA Implementation

September 6, 2024

On September 4, 2024, the Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline for implementing the requirements of the Housing Opportunity Through Modernization Act (HOTMA). The HOTMA…

Rural Development Provides Timeline for HOTMA Implementation

September 4, 2024

On September 4, 2024, the Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline for implementing the requirements of the Housing Opportunity Through Modernization Act (HOTMA). The HOTMA…

Rural Development Implements Administration’s Tenant Rights Protections

August 31, 2024

The Rural Housing Service has finalized several protections mandated by the Biden Administration. A final rule has been published in the Federal Register (Volume 89, No. 58, March 25, 2024) requiring landlords of Rural Housing assisted properties to issue a…

HUD Issues 2025 Inflationary Adjustments and New Imputed Rate

August 27, 2024

HUD’s 2025 Inflationary Adjustments and Passbook Savings Rate: Key Updates for Housing Professionals HUD recently released its annual inflationary adjustments for 2025, which impact various tasks such as income certifications and asset level determinations under the Housing Opportunity Through Modernization…

HUD Provides Guidance on Requesting NSPIRE Appeals

August 24, 2024

The Department of Housing and Urban Development (HUD) has received feedback from Public Housing Agencies (PHAs) and Property Owners/Agents (OAs) regarding issues encountered when submitting appeals in the NSPIRE IT system. To address this, HUD has made Technical Review Guidance…

Justice Department Sues RealPage for Colluding to Raise Rents

August 23, 2024

On August 23, 2024, The U.S. Department of Justice filed an antitrust lawsuit against RealPage, a real estate software company used by many affordable housing properties, alleging that its software enabled landlords to collude in raising rents across the United…

A. J. Johnson Partners with Mid-Atlantic AHMA for Affordable Housing Training – September 2024

August 11, 2024

In September 2024, A. J. Johnson will join forces with the Mid-Atlantic Affordable Housing Management Association to conduct training for real estate professionals. Three sessions, tailored for those in the affordable multifamily housing field, will be delivered through live webinars.…

A. J. Johnson Releases the 2024 Edition of the Professional Property Manager’s Guide to the LIHTC

August 10, 2024

The 2024 Edition of A. J. Johnson’s “The Professional Property Manager’s Guide to the Low-Income Housing Tax Credit” has been released, offering a vital resource for professionals managing LIHTC properties. Originally a concise 19-page overview of the LIHTC program in…

A.J. Johnson Consulting Services, Inc. Welcomes Back Lori Neff

July 20, 2024

A.J. Johnson Consulting Services, Inc., a leader in affordable housing compliance consulting, is thrilled to announce the return of Lori Neff to our team. Lori rejoined the company on July 16, 2024, bringing diverse experience and expertise. A Familiar Face…

Understanding HUD Special Claims

July 20, 2024

Understanding HUD Special Claims: A Comprehensive Guide for Property Owners and Managers Financial losses due to vacancy, unpaid rent, and tenant damages in subsidized housing can significantly impact property owners. The U.S. Department of Housing and Urban Development (HUD) recognizes…

Rural Development Releases 2024 Income Limits

July 15, 2024

The Rural Development Service of the United States Department of Agriculture has released the 2024 income limits for the Rural Development Multifamily Housing (Section 515) program. The limits were effective July 12, 2024, and may be found at RD-MFHLimitMap.

A. J. Johnson Offers Live Webinar on Tenant-on-Tenant Harassment

June 16, 2024

A. J. Johnson will conduct a webinar on June 20, 2024, on Navigating the Challenges—Dealing with Tenant-on-Tenant Harassment in Multifamily Housing. The Webinar will be held from 1:00 PM to 2:00 PM Eastern time. Attending a webinar on Tenant-on-Tenant Harassment…

HUD Proposed Changes to HOME Program are Comprehensive

June 15, 2024

On May 15, 2024, HUD published a preview of a Notice of Proposed Rulemaking proposing significant changes to the HOME Program. The proposed rule is expected to be published in the Federal Register before June, and public comments are due…

A. J. Johnson Partners with Mid-Atlantic AHMA for Affordable Housing Training – July 2024

June 10, 2024

In July 2024, A. J. Johnson, a renowned expert in the field, will join forces with the esteemed Mid-Atlantic Affordable Housing Management Association to conduct training for real estate professionals. This session, tailored for those in the affordable multifamily housing…

Navigating Fair Housing in Digital Advertising – Ensuring Non-Discriminatory Ad Delivery

May 25, 2024

Introduction: The U.S. Department of Housing and Urban Development’s Office of Fair Housing and Equal Opportunity has released crucial guidance on how the Fair Housing Act applies to digital advertising in the housing and real estate sectors. With the…

Maximize Efficiency and Savings – Sign Up for HUD’s Energy and Water Benchmarking Service for Multifamily Properties

May 25, 2024

HUD recently provided information on its Energy and Water Benchmarking Service, available for sites participating in HUD’s Multifamily project-based rental assistance programs. The free service provides participating owners with data on energy and water consumption at their sites. While up…

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