LIHTC Guide
May 1, 2018
On April 25, 2018, HUD sent a legislative proposal to Congress titled, "Making Affordable Housing Work Act of 2018." The proposed legislation contains seven sections that, if passed into law by Congre...
Apr 29, 2018
The Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) have begun a nationwide initiative intended to combat sexual harassment in housing. This effort includes an in...
Apr 13, 2018
In order to meet the minimum set-aside, if owners select the new Income Average test, at least 40% of the units in the project must have rents and incomes at the various designated unit income limits ...
Mar 31, 2018
On March 30, 2018, HUD published the 2018 income limits for HUD programs as well as for the Low-Income Housing Tax Credit and Tax-Exempt Bond programs. The limits are effective on April 1, 2018. The l...
Mar 27, 2018
This article is a follow up to the one I posted on March 26, 2018, relating to the Average Income Test which was included in the "Consolidated Appropriations Act, 2018," as a third set-aside election ...
Mar 27, 2018
On March 8, 2018, HUD s Office of Multifamily Housing Programs released an updated Resident Rights and Responsibilities Brochure. The brochure may be downloaded and printed at www.hud.gov/sites/dfil...
Mar 26, 2018
I posted an article on March 24, 2018, describing the two changes made to the Low-Income Housing Tax Credit (LIHTC) program by the "Consolidated Appropriations Act, 2018," the increase in credits and ...
Mar 24, 2018
The "Consolidated Appropriations Act, 2018" was signed into law by the President on March 23, 2018. The law includes two major changes to the Low-Income Housing Tax Credit Program (IRC 42).  ...
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