In the News
March 12, 2024
HUD recently announced that it has entered into a Voluntary Compliance Agreement (VCA) with HUD-funded Tennessee housing providers that will pay $50,000 in compensation to the aggrieved parties. The VCA resolves findings of noncompliance related to Section 504 of the Rehabilitation Act of 1973 and...
Feature
February 14, 2024
Update your Tenant Selection Plan by March 31.
According to the HUD Handbook, multifamily housing owners are required to develop and make public written tenant selection policies and procedures. This Tenant Selection Plan (TSP) describes the procedures for processing and selecting applicants...
Certification
February 13, 2024
Four new types of income will no longer impact eligibility calculations.
Specific sources of income are excluded by federal statute from consideration as income for purposes of determining eligibility for or benefits in a HUD program. On Jan. 31, HUD published a revised list of...
Income Calculations
February 13, 2024
Income limit increases to be capped at 10 percent.
On Jan. 10, HUD published a notice on changes the agency is intending to implement to the methodology used for calculating Section 8 income limits. HUD publishes these income limits each year based on changes to each housing area’s...
In the News
February 13, 2024
The share of low-rent units dropped from 22% of the stock to just 16% in the past decade.
Harvard University’s Joint Center for Housing Studies (JCHS) recently released its biennial report on the state of rental housing in the United States (available here). The report analyzes trends...
Feature
January 12, 2024
Severe weather is in the forecast. Is your site prepared?
Increasingly frequent and severe weather events pose a growing threat to federally assisted housing and its residents. Extreme weather events can lead to flooding, power loss, property damage, transportation disruptions,...
Dealing with Households
January 12, 2024
We give you answers to four frequently asked questions.
Fentanyl and other opioids are fueling the worst drug crisis in the history of the United States. According to CDC drug overdose data, drug overdose deaths in the U.S., driven by illicit fentanyl and other opioids, remain at...
Income Calculations
January 12, 2024
We review how to anticipate 2024 income with deductions for business or medical use of a car.
The IRS recently issued Notice 24-08, which contains the 2024 standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or...
In the News
January 12, 2024
Owners will find more administrative flexibility within the GRRP rules.
As part of President Biden’s Investing in America agenda, HUD recently announced it’s awarding $173.9 million in new loans and grants under the Green and Resilient Retrofit Program’s (GRRP)...
Feature
December 10, 2023
The proposed rule would formalize notice changes made during the pandemic.
