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Jul 14, 2014

Medical Marijuana and Multifamily Housing

Medical Marijuana and Multifamily Housing   An increasing number of states are legalizing the use of marijuana for medical purposes. Alaska, Arizona, California, Colorado, Connecticut, DC, Dela...

Jul 6, 2014

HUD Implements HERA Changes to Tenant Based and Project Based Vouchers

On June 25, 2014, HUD published a notice implementing changes made by the Housing & Economic Recovery Act (HERA) of 2008 to the Tenant Based and Project Based Voucher Programs.   Two change...

Jun 29, 2014

HUD Notice on Implementation of FY 2014 Appropriations Provisions

On June 25, 2014, HUD published a Notice establishing the terms and conditions by which HUD will implement changes to the statutory definition of a "public housing agency" (PHA), the frequency of hous...

Jun 29, 2014

General Partner Removal - Rights of the Limited Partner

The Delaware Supreme Court recently decided a case important to investors and developers of Low-Income Housing Tax Credit housing. The case (DV Realty Advisors LLC v. Policemen s Annuity and Benefit...

May 30, 2014

Medical Marijuana Presents Management Challenges

As of April 2014, 21 states and the District of Columbia have legalized medical marijuana, and two states - Washington and Colorado - have legalized recreational use of marijuana. This creates a numbe...

May 29, 2014

HUD Leadership Change

President Obama has nominated San Antonio Mayor Julian Castro to be the next Secretary of Housing & Urban Development. Castro will replace Shaun Donovan, who has been HUD Secretary since the elect...

May 29, 2014

HUD Updates List of Federally Mandated Income Exclusions

HUD is required to periodically publish in the Federal Register a notice that lists amounts specifically excluded by any Federal Statute from consideration as income for purposes of determining eligib...

May 3, 2014

Hobby vs. Self-Employment

As managers of affordable housing, we are often faced with applicants and residents who refer to themselves as "self-employed," but are unable to adequately document their income. Such individuals are...