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A. J. Johnson
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Understanding HUD Special Claims

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A. J. Johnson
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

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A. J. Johnson
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.

HUD Proposed Changes to HOME Program are Comprehensive

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A. J. Johnson
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…

HUD Proposes Comprehensive Changes to HOME Rules

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A. J. Johnson
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…

The Rural Development Service Announces HOTMA Implementation

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A. J. Johnson
A memorandum from Joaquin Altoro, the Administrator of the Rural Housing Service (RHS), addressed to Multifamily Housing Owners and Management Agents Multifamily Housing Partners, has explained how HOTMA will be implemented by the Rural Housing Service (RHS). All housing programs…

HUD Publishes 2024 Income Limits

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A. J. Johnson
On April 1, 2024, HUD published the 2024 income limits for HUD programs as well as for the Low-Income Housing Tax Credit and Tax-Exempt Bond programs. The limits are effective on April 1, 2024.  The limits for the LIHTC and…

HUD Expands List of Federally Mandated Income Exclusions

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A. J. Johnson
On January 31, 2024, the Department of Housing and Urban Development (HUD) published an updated list of income excluded for HUD-assisted housing programs. Since the Low-Income Housing Tax Credit Program (LIHTC) must follow HUD rules regarding income determination, these exclusions…

HUD HOTMA Rules Clarify and Change the Treatment of Assets

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A. J. Johnson
Introduction HUD Notice H 2013-10 expands upon the Final Rule for implementing the Housing Opportunity Through Modernization Act (HOTMA). This final rule makes some changes to the way managers of HUD-assisted housing will deal with assets on HUD-assisted properties. Since…

HUD Issues Clarifying HOTMA Guidance

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A. J. Johnson
Last week, the U.S. Department of Housing and Urban Development issued more detailed guidelines to assist in the enactment of the Housing Opportunity Through Modernization Act (HOTMA) of 2016. This Act aims to simplify procedures and lessen the responsibilities of…

Legislation Introduced for Middle Income Tax Credit

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A. J. Johnson
In December 2023, Congress considered a new approach to America’s housing affordability crisis with the introduction of the “Workforce Housing Tax Credit Act” in both the House and Senate. This proposed bill aims to establish a Middle-Income Housing Tax Credit,…

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Guidance

The Professional Property Manager's Guide to the Low Income Housing Tax Credit

An easy to understand and in-depth guide written by a nationally recognized leader in affordable housing compliance, A. J. Johnson.


The Professional Property Manager's Guide to the Violence Against Women Act

Designed to provide professionals in the affordable housing industry with an easy to understand reference manual for issues related to VAWA.

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