On Jan. 6, HUD published proposed rules to codify statutory changes made by the fiscal year (FY) 2014 Appropriations Act relating to certain elements of the public housing and Housing Choice Voucher (HCV) programs. HUD also proposes changes to streamline some regulatory requirements in order to...
HUD’s Office of Multifamily Housing Programs recently issued Notice H 2014-16, which covers topics such as opening waiting lists, placing applicants on waiting lists, and outreach to potential applicants. The notice doesn’t mandate any new practices for owners, but rather provides...
You may want to charge households extra fees for certain items or services, especially ones that cost you money. For instance, you may want to charge households a fee for paying rent late or for transferring to another unit.
But HUD doesn’t let you charge households fees over and...
On Aug. 12, HUD issued a new Real Estate Assessment Center Compilation Bulletin that supersedes all previous editions and any preceding separate guidance. The bulletin provides updated guidance to Real Estate Assessment Center (REAC) inspectors, answers some of the most common questions received...
The departure of a household member can bring about changes that affect a household’s subsidy as well as other aspects of its placement at your site. HUD expects you to stay on top of such changes so that your households are paying the correct amount of rent and your assisted units are...
Dealing with the death of a resident is an understandably difficult task for any site manager. The manager must be sensitive to the fact that the family is grieving the loss of a loved one, busy with funeral arrangements, and handling the financial affairs of...
On May 20, the Federal Register published an updated list of income exclusions specifically mandated by federal laws. There are three new exclusions and changes to two of the existing exclusions, and due to the addition of Exclusion (16), the exclusions following it have been renumbered.
HUD requires most assisted housing sites to maintain a reserve for replacements account so funds are readily available to pay for repair and replacements of major systems and capital items. These are items that usually last more than one year, such as elevator systems or major appliances in...
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...
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:
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...
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,...
