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Jun 23, 2019

IRS Issues New Guidance on General Public Use Rules - Revenue Procedure 2019-17

The IRS has issued Revenue Procedure 2019-17, which allows projects with tax-exempt bonds issued on or after April 3, 2019, to apply the general public use rules for residential rental housing in the...

Jun 22, 2019

HUD Proposed Rule Would Ban All Undocumented Immigrants from Assisted Housing

On April 17, 2019, the Department of Housing & Urban Development (HUD) sent a proposed rule to Congress that would ban any undocumented immigrant from receiving federal housing assistance. This n...

Jun 16, 2019

2019 HOME Income Limits

HUD has published the 2019 HOME income limits. The limits will be effective on June 28, 2019. Until that date, HOME fund recipients should continue to use the 2018 HOME income limits, which were publ...

Jun 15, 2019

Proposed Changes to LIHTC Program

     On June 4, 2019, S. 1703, "The Affordable Housing Credit Improvement Act of 2019," was introduced in the Senate. It offers some major revisions to the Low-Income Housing Tax ...

Jun 15, 2019

Criminal Background Checks and Fair Housing

     The federal Department of Housing & Urban Development (HUD) and the Department of Justice (DOJ) are making investigations of fair housing violations in three specific are...

Jun 10, 2019

Priority Fair Housing Issue Number Two - Tenant-on-Tenant Harassment

     The federal Department of Housing & Urban Development (HUD) and the Department of Justice (DOJ) are making investigations of fair housing violations in three specific are...

Jun 10, 2019

Opportunity Zones and the Low-Income Housing Tax Credit

The Opportunity Zone (OZ) Program was created as part of the Investing in Opportunity Act, which was included in the Tax Cuts and Jobs Act enacted in December 2017. While this law did not have a ...

Jun 5, 2019

Affordable Housing Making Presidential Campaign Appearance

As we near the first Democratic Presidential debates, and push nearer the meaningful campaign season, Presidential hopefuls are beginning to flesh out positions on affordable housing. One of the ...