LIHTC Guide
Dec 4, 2012
Generally Allowable Medical Expenses The rent calculation for many affordable housing programs, including HUD Section 8 and Rural Development Section 515, is based on the "adjusted" income of...
Nov 6, 2012
Low-Income Housing Credit Disaster Relief for Hurricane Sandy The IRS issued Revenue Notice 2012-68 on November 5, 2012, effective after October 22, 2012, providing emergency housing relief a...
Nov 4, 2012
Every few years I like to remind clients of the various requirements relating to the sign posting requirements for companies in the property management business. Failure to post the signs can cost as ...
Oct 24, 2012
HUD has made a number of changes in the way REAC inspections will be scored, beginning with inspections on or after January 1, 2013. The changes are noted in Compilation Bulleting Revision 2.3.  ...
Sep 17, 2012
On July 26, 2012, HUD published a Final Notice in the Federal Register implementing the Rental Assistance Demonstration (RAD) Program. The program offers new opportunities to public housing agencies a...
Aug 27, 2012
The U.S. Government Accountability Office (GAO) completed a study in 2012 that examined improper RA payments by the Rural Housing Service (RHS). The study found that between 2007 and 2010, RHS made fr...
Aug 25, 2012
Management companies wishing to make possession of drug related paraphernalia a violation of criminal screening policies should carefully examine the definition of "drug-related criminal activity" con...
Aug 24, 2012
Dealing with Reverse Mortgages on Affordable Housing Properties While not common on affordable housing properties such as LIHTC, Section 8 or Section 515, occasionally, an applicant with a re...