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Nov 29, 2020

Affordable Housing Priorities of the Incoming Biden Administration

Elections have consequences. With the election of Joe Biden as President, the consequences for the affordable housing industry are likely to be very positive and will at the least put an end to the a...

Nov 29, 2020

HUD Issues Updated Notice on Electronic Signature, Transmission, and Storage

On November 6, 2020, the Department of Housing and Urban Development (HUD) issued Notice H-2020-10, Electronic Signature, Transmission, and Storage - Guidance for Multifamily Assisted Housing Industr...

Nov 21, 2020

Updated HUD Guidance on REAC Inspections During the COVID-19 Pandemic

On November 13, 2020,  HUD issued updated guidance on the inspection of Public and Multifamily Housing projects during COVID-19. This guidance was issued in the form of an updated FAQ. The FA...

Nov 8, 2020

Senate Staff Issues Report on the State of Affordable Housing

In October 2020, the Senate Majority Staff issued a report titled, "Housing Programs - The Need for One Roof." The purported purpose of the report is to "begin a needed conversation about reforming...

Nov 2, 2020

CORRECTION - IRS Notice of Proposed Rulemaking on Average Income Test

Thank God my clients read better than I type. One of my more astute readers noticed a pretty significant typo in the example in #1 below. I have corrected the error - I hope it did not create too muc...

Nov 2, 2020

A. J. Johnson to Host Webinar on Management of Properties with HOME Funds

A. J. Johnson will be conducting a webinar on November 12, 2020, on The Onsite Management Requirements of the HOME Program.  The Webinar will be held from 9 AM to 3:30 PM Eastern time. This s...

Nov 1, 2020

IRS Notice of Proposed Rulemaking on Average Income Test

On October 30, the IRS published a Notice of Proposed Rulemaking in the Federal Register. This Notice concerns the LIHTC Average Income Test and outlines the current intention of the IRS with regard ...

Oct 31, 2020

Website Accessibility Bill Introduced in Congress

On October 1, 2020, Congressmen Lou Correa (D-CA) and Ted Budd (R-NC) introduced the bipartisan Online Accessibility Act (H.R. 8478) which would create guidance to help businesses ensure their websit...