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Mar 9, 2019

Independent Landlords Suffered Under the Shutdown

IThe National Association of Independent Landlords (NAIL) has published a report showing that landlords who worked with government employees who were unable to pay their rent during the recent govern...

Feb 25, 2019

Opportunity Zones - How Tax Breaks for the Wealthy May Benefit the Less Well-Off

         "Doing well while doing good" has long been a mantra of the wealthy looking for ways to preserve their wealth while doing something worthwhile for the...

Feb 25, 2019

HUD Reduces Time for Advance Notice of REAC Inspections

On February 20, 2019, HUD announced in a press release a new Notice that reduces to 14 calendar days (from 120-days) the advance notification inspectors will give before conducting physical inspectio...

Feb 24, 2019

IRS Final Regulation on LIHTC Compliance Monitoring

On Tuesday, February 26, 2019, the IRS will publish in the Federal Register a final regulation on how state Housing Finance Agencies (HFAs) must monitor low-income housing tax credit (LIHTC) properti...

Feb 16, 2019

The Family Self-Sufficiency (FSS) Program - A Tool for Section 8 Owners

The Family Self-Sufficiency (FSS) Program was authorized by Congress in 1990 and is administered by the Department of Housing & Urban Development (HUD). FSS helps low-income families get out o...

Feb 10, 2019

How to Properly Apply the HUD Minimum Rent Requirements

Owners participating in HUD Multifamily Housing Programs (MFH) are sometimes unsure of exactly how to apply HUD s minimum rent rules. HUD occupancy regulations require all households (except those ...

Feb 9, 2019

Major Fair Housing Settlement in Housing Accessibility Case

The Department of Justice (DOJ) has settled a major fair housing and American with Disabilities Act (ADA) lawsuit against Mid-America Apartment Communities, Inc., and Mid-America Apartments, LP for $...

Feb 3, 2019

HUD Resumption of Multifamily Production and Asset Management Activities

The HUD Office of Multifamily Housing (MFH) issued two memorandums on February 1, 2019 outlining the departments plan for prioritizing the backlog of work from the shutdown. One memo deals with the r...