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.
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...
