Use Checklist to Prepare Documents for Annual Audit

April 17, 2014    

Over 20,000 multifamily housing program participants are required to submit annual electronic financial statement data to HUD for assessing the financial condition of multifamily housing sites. On Feb. 14, 2014, the Real Estate Assessment Center updated its Financial Assessment Sub-System to...

HUD Issues Revised Transmittal to Handbook's Change 4

December 24, 2013    

On Dec. 10, a revised transmittal for the 4350.3 REV-1, CHG-4 Handbook appeared online. It was signed by Carol Galante, Assistant Secretary for Housing, and its issue date was Nov. 27, 2013. Here are the changes based on the transmittal:

Clarification of Verification Techniques...

How to Prorate Assistance for “Mixed” Households with Ineligible Noncitizens

November 14, 2013    

Chances are, your site contains “mixed” households—that is, households that, in addition to U.S. citizens and/or eligible noncitizens, include ineligible noncitizens. Special rules apply to the assistance these mixed households can get. For example, you’ll need to prorate...

Comply with the Affordable Care Act’s Exchange Notice Requirements

September 12, 2013    

Despite some delays in implementation, a major piece of the Patient Protection and Affordable Care Act still requires all applicable employers, regardless of whether they offer health care coverage, to provide their current employees with a health insurance exchange notice no later than Oct. 1,...

How VAWA 2013 Applies to HUD Programs

August 12, 2013    

On Aug. 6, HUD issued a notice intended to provide an overview of the recently enacted Violence Against Women Reauthorization Act of 2013 (VAWA 2013). The 2013 law expands the number of HUD programs subject to the law’s protections beyond HUD’s public housing and Section 8 tenant-...

Get Acceptable Proof of Applicant Household’s Social Security Numbers

July 12, 2013    

HUD generally requires you to get Social Security numbers (SSNs) for all members of an applicant household who are at least 6 years old. And HUD requires you to get proof of those numbers and specifies which documents you can accept as proof. But what if a household member was never issued an...

Obama Signs Expanded VAWA Back into Law

March 18, 2013    

Initially passed in 1994, the Violence Against Women Act (VAWA) created the first U.S. federal legislation acknowledging domestic violence and sexual assault as crimes, and provided federal resources to encourage community-coordinated responses to combating violence. VAWA was reauthorized by...

How to Notify Households of a Rent Increase

December 12, 2012    

by Daniel Bagliore

As a manager, you have a fiduciary—that is, legal—responsibility to the property owner to ensure that tenant rent is accurately calculated and that residents are given appropriate notice of an increase in their portion of the rent, while...

Post Required Federal Signs for Building and Management Employees

October 11, 2012    

Federal laws require employers—including apartment building owners and management companies—to post signs explaining legal information to their employees. Failure to post the signs can cost as much as $10,000 per violation. Fortunately, compliance is easy. The signs are available...

Know When to Dispose of Old Household Files

October 11, 2012    

Files on households can take up a lot of space. After a few years, you may be tempted to throw out some of these files, which contain documents relating to former and current households as well as to applicants who were rejected or withdrew their applications. If you're not careful, you...

Avoid Charging Ineligible Legal Expenses to Site's Operating Account

August 15, 2012    

Assisted sites can amass a lot of legal expenses for site-related matters like evicting problem residents or drafting letters to comply with certain HUD rules. You can charge site-related legal expenses to your site's operating accounts, but only if you comply with HUD's rules on...

Follow HUD Rules When Determining Residential Income for Management Fee Calculations

July 29, 2012    

In last month's issue of the Insider, we told you of HUD's efforts to clamp down on excessive pay at public housing authorities by setting caps that extend and expand limits imposed by Congress. With increased HUD attention on salaries, this may be a good time for owners and...