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Sep 24, 2024

HUD Extends HOTMA Implementation Date

On September 24, 2024, the HUD Office of Multifamily Housing (MFH) published Housing Notice H 2024-09, extending the date that Owners must fully comply with the HOTMA final regulations to July 1, 202...

Sep 21, 2024

Determining the Cutoff Date for HUD Required Annual Reexaminations

In dealing with clients on HUD-assisted properties that require annual reexaminations, we still find some confusion among managers relative to the cutoff date by which residents must report for the y...

Sep 6, 2024

Rural Development Provides Comprehensive Information Regarding HOTMA Implementation

On September 4, 2024, the Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline for implementing the requ...

Sep 4, 2024

Rural Development Provides Timeline for HOTMA Implementation

On September 4, 2024, the Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published an Unnumbered Letter (UL) notifying MFH staff of the anticipated timeline for implementing the requ...

Aug 31, 2024

Rural Development Implements Administration's Tenant Rights Protections

The Rural Housing Service has finalized several protections mandated by the Biden Administration. A final rule has been published in the Federal Register (Volume 89, No. 58, March 25, 2024) requiring...

Aug 27, 2024

HUD Issues 2025 Inflationary Adjustments and New Imputed Rate

HUD's 2025 Inflationary Adjustments and Passbook Savings Rate: Key Updates for Housing Professionals HUD recently released its annual inflationary adjustments for 2025, which impact various tasks ...

Aug 24, 2024

HUD Provides Guidance on Requesting NSPIRE Appeals

The Department of Housing and Urban Development (HUD) has received feedback from Public Housing Agencies (PHAs) and Property Owners/Agents (OAs) regarding issues encountered when submitting appeals i...

Aug 23, 2024

Justice Department Sues RealPage for Colluding to Raise Rents

On August 23, 2024, The U.S. Department of Justice filed an antitrust lawsuit against RealPage, a real estate software company used by many affordable housing properties, alleging that its software e...