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Feb 20, 2022

Recent Court Decision Confirms that ADA Does Not Apply to Private Apartment Complexes

In Saint Pierre v. NFG Housing Partners, LP  (November 2021), the U.S. District Court for the District of Maine ruled that the Americans with Disabilities Act (ADA) is not applicable to privatel...

Feb 19, 2022

Zillow Home Sales Draw Congressional Scrutiny

Zillow s plans to sell a large portfolio of single-family homes to institutional investors is drawing attention from Congress. Senators Tina Smith (D-MN) and Sherrod Brown (D-OH) are raising concer...

Feb 13, 2022

Non-Retirement Investment Accounts - How to Treat for Affordable Housing Purposes

Most operators of affordable multifamily rental housing know that when regular payments are made from retirement accounts, those payments count as income, and any amounts remaining in the account are...

Feb 12, 2022

HUD Awards $20 Million for Eviction Protection and Diversion

In a first-of-its-kind action, the Department of Housing & Urban Development (HUD) has awarded $20 million in grants from its Eviction Protection Grant Program. These grants are being awarded to ...

Feb 5, 2022

Treasury Inspector General Issues Report Critical of IRS LIHTC Oversight

On January 26, 2022, the Treasury Inspector General (IG) for Tax Administration released a report titled, "Oversight of the Low-Income Housing Tax Credit Program Can Be Improved." The audit was in...

Jan 30, 2022

A Little Known Employment Tax Credit May Assist Multifamily Owners

Many owners and managers of affordable multifamily housing properties are finding it difficult to find qualified staff to work either at the properties or at the main office. This problem has been ar...

Jan 23, 2022

Massive Pandemic Evictions Fail to Materialize

When the COVID-19 pandemic began in March 2020, many housing experts predicted a wave of pandemic-related evictions from our nation s apartments. There were predictions that as many as 40 million p...

Jan 14, 2022

A. J. Johnson to Offer Average Income Live Webinar

A. J. Johnson will be conducting a webinar on January 26, 2022, on Requirements & Best Practices Relating to the Average Income Minimum Set-Aside for LIHTC properties. The Webinar will be held at...