Feature

Data Security: Take Steps to Protect Residents’ and Applicants’ Personal Information

September 10, 2019    
A consistent stream of hacks and large-scale corporate data breaches in the news have heightened the public’s awareness and sensitivity towards privacy issues. Most recently, a major bank broke news of a data breach that affected approximately 100 million customers in the U.S. and another 6...
In the News

HUD REAC Seeks Feedback on Expanded Property Inspection Standards

September 10, 2019    
HUD’s Real Estate Assessment Center (REAC) has expanded the number of inspection items open for feedback from five items to 65 items before REAC fully implements HUD’s National Standards for the Physical Inspection of Real Estate (NSPIRE) model demonstration. This is part of HUD’s...
Feature

HUD Issues Guidance on Site Owners’ Responsibilities to Residents

August 15, 2019    
HUD’s Office of Asset Management and Portfolio Oversight (OAMPO) recently issued a memo for multifamily regional directors, satellite office directors, performance-based contract administrators, and multifamily owners and management agents. The memo clarifies owners’ responsibilities to...
Income Calculations

How to Calculate Tenant Income from Real Estate Investments

August 15, 2019    
by Daniel Bagliore
Income Calculations

How to Handle Income from Temporary U.S. Census Bureau Employment

August 15, 2019    
The U.S. Constitution mandates that a census of the population be conducted once every 10 years. Census data is used to determine the number of seats each state holds in Congress and how more than $675 billion in federal funds are distributed back to states and local communities every year for...
In the News

New Tenant Protection Vouchers Available for Youth Aging Out of Foster Care

August 15, 2019    
HUD recently announced a new Foster Youth to Independence (FYI) Initiative that will offer housing vouchers to local public housing authorities to prevent or end homelessness among young adults under the age of 25 who are leaving, or have recently left, the foster care system without a home to go...
In the News

HUD to Propose Changes to Disparate Impact Regs

August 15, 2019    
The Office of Information and Regulatory Affairs (OIRA) at the Office of Management and Budget (OMB) recently cleared HUD’s proposed changes to the disparate impact regulations. The update to HUD’s 2013 disparate impact rule would require plaintiffs to meet a five-step threshold to...
In the News

Two-Year Budget Deal Allows HUD Appropriations Process to Advance

August 15, 2019    
President Trump recently signed a budget deal that increases federal spending and lifts the nation’s borrowing limit. The new law suspends the debt ceiling through July 2021, removing the threat of a default during the 2020 elections, and raises domestic and military spending by more than $...
Recent Court Rulings

PHA Accountants May Be Held Liable for Former Director’s Fraud

August 15, 2019    
Facts: A local PHA sued its former accountants, seeking to recover losses from their alleged negligent failure to detect the fraudulent conduct of its former executive director and former finance director. The former executive director’s employment agreements established his annual salary at...
Recent Court Rulings

PHA Can Terminate Resident’s Benefits Due to Unauthorized Occupant

August 15, 2019    
Facts: A local PHA sent a resident a notice of the termination of her participation in the Section 8 program. The PHA claimed that the resident improperly permitted an unauthorized occupant to reside with her and this occupant violated the rule against criminal activity by committing the crimes of...