LIHTC Guide
Apr 11, 2014
HUD is in the process of preparing new rules that will allow public housing authorities (PHAs) to drastically alter the income verification requirements for public housing and Section 8 Voucher tenant...
Mar 8, 2014
On February 24, 2014, the Department of Justice announced that a federal district court in Jackson, MS approved a settlement of a DOJ lawsuit against the original owners and developers of nine apartme...
Feb 28, 2014
On February 26, 2014, the House Ways & Means Committee under Chairman David Camp released a discussion draft Tax Reform Act of 2014. While tax reform almost certainly not going to happen in 2014, ...
Feb 28, 2014
On February 4, 2014, the Social Security Administration (SSA) announced that effective October 1, 2014, SSA field offices will no longer offer benefit verification letters. Budget cuts are responsible...
Feb 23, 2014
The President signed the 2014 Omnibus Appropriations Act into law on January 17, 2014. In addition to funding for the Nation s various housing programs, the Act also made some substantive changes to...
Feb 5, 2014
After a three-year struggle, the Farm Bill (H.R. 2642) was finally passed by Congress on February 4, 2014, and will now go to the President, who has indicated that he will sign the bill into law. The ...
Feb 4, 2014
Public housing and assisted housing communities (as well as Low-Income Housing Tax Credit [LIHTC] projects) are subject to the requirements of the Violence Against Women s Act (VAWA). HUD is current...
Jan 2, 2014
IRC 42(h)(5) requires that a portion of each state s annual credit ceiling be set aside for allocation to projects involving qualified nonprofit organizations. Specifically, at least 10% of the st...