Compliance
December 10, 2023
A new HUD memo outlines required and alternative MOR procedures.
HUD’s Office of Multifamily Housing recently issued a memo announcing the reinstatement of in-person Management and Occupancy Reviews (MORs) conducted by Project Based Contract Administrators (PBCA) beginning Jan....
In the News
December 10, 2023
The national average increase of the new OCAFs is 5.3 percent.
HUD recently announced the 2024 Operating Cost Adjustment Factors (OCAFs). These figures are used to adjust Section 8 rents under the Multifamily Assisted Housing Reform and Affordability Act of 1997 (MAHRA). These annual...
In the News
December 10, 2023
We highlight two areas of concern in the report.
HUD’s Office of Inspector General (OIG) recently issued its annual report summarizing what it considers the most serious management challenges facing the department. The report represents OIG’s independent perspective on the top...
Feature
November 13, 2023
Prepare for how these annual changes will affect income certifications.
The Housing Opportunity Through Modernization Act (HOTMA) Final Rule requires that certain amounts used to make income, asset, and eligibility determinations be adjusted by an inflationary factor on an annual...
Compliance
November 13, 2023
HUD’s Real Estate Assessment Center has published a new checklist that PHAs administering HUD’s Section 8 voucher programs can use to conduct the new National Standards for Physical Inspection of Real Estate (NSPIRE) inspection. This new inspection protocol focuses on the health and...
Income Calculations
November 13, 2023
The Social Security Administration (SSA) recently announced that the Social Security and Supplemental Security Income (SSI) benefits for approximately 71 million Americans will increase 3.2 percent in 2024. The cost-of-living adjustment (COLA) will begin with benefits payable to more than 66...
In the News
November 13, 2023
HUD recently announced that it will cover expanded housing and neighborhood choices for more than 800,000 total households using Housing Choice Vouchers to find and secure affordable housing. PHAs in an additional 41 metropolitan areas that cover more than 440,000 housing vouchers will now be...
In the News
November 13, 2023
The White House recently made a formal request to Congress for $6 billion to extend the Federal Communications Commission’s (FCC) Affordable Connectivity Program (ACP). The ACP offers free or discounted high-speed internet to qualifying households. It provides a monthly internet discount of $...
Feature
October 19, 2023
And affirms discretionary enforcement of new asset limits.
Compliance
October 19, 2023
But any PHA that’s ready to implement NSPIRE should do so at its earliest convenience.
On Sept. 27, HUD released a notice under public inspection that extends the compliance period under the National Standards for the Physical Inspection of Real Estate (NSPIRE) final rule for the...
