Information for Your Business

HUD Extends HOTMA Implementation Date

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…

HUD Issues 2025 Inflationary Adjustments and New Imputed Rate

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…

Justice Department Sues RealPage for Colluding to Raise Rents

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…

HUD Proposed Changes to HOME Program are Comprehensive

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 Publishes 2024 Income Limits

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 Issues Clarifying HOTMA Guidance

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

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,…

HUD NSPIRE Standards Include “Affirmative” Requirements

HUD’s new housing inspection process provides a single inspection standard for all units under the Public Housing, Housing Choice Voucher, Multifamily, and Community Planning & Development (CPD) housing programs. The National Standards for the Physical Inspection of Real Estate (NSPIRE)…

A. J. Johnson to Offer Last 2023 Fair Housing Webinar

A. J. Johnson will be conducting a webinar on December 27, 2023, on Compliance with Federal and state Fair Housing Requirements. This is A.J.’s last Fair Housing training of 2023 and is a must for individuals required to take Fair…

HUD to Survey Residents as Part of the NSPIRE Process

The Department of Housing and Urban Development (HUD) will be conducting surveys with residents whose homes are assessed using the new NSPIRE inspection protocol. These surveys aim to pinpoint issues within the inspection process and steer HUD’s initiatives to enhance…

HUD Flexes VAWA Enforcement Muscle

The Department of Housing & Urban Development (HUD) has announced settlements with two housing providers, resolving allegations that they denied housing opportunities to two women who were victims of dating violence and stalking. These are the first enforcement actions by…
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