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Jan 2, 2017

2017 Increase in Pay for Active Duty Military

The National Defense Authorization Act of 2017 has been signed into law by President Obama and effective January 1, 2017, all active duty and active reservists will receive an increase of 2.1% in bas...

Dec 29, 2016

IRS Revenue Ruling 2016-29 - Regarding Qualified Allocation Plan Provisions Relating to Local Approval of LIHTC Allocations

This recently issued Revenue Ruling addresses the issue of whether or not Section 42 of the Internal Revenue Code requires or even encourages Housing Finance Agencies (HFAs) to reject proposals for lo...

Dec 23, 2016

VAWA Emergency Transfer, Documentation, and Lease Bifurcation Requirements

The most detailed and complex part of the HUD Final Rule on VAWA deals with the emergency transfer requirements. This article focuses primarily on those requirements. I am also covering basic document...

Dec 21, 2016

HUD Issues Correction Regarding VAWA Model Forms

A few days ago I sent a memo to clients regarding the availability of four model VAWA forms on HUD s web page. Those forms are now available on HUDClips. The forms are: Notice of Occupancy R...

Dec 17, 2016

HUD Comment Request for Housing for Older Persons Act of 1995 (HOPA)

HUD Comment Request for Housing for Older Persons Act of 1995 (HOPA) As required by federal law, on December 13, 2016, HUD published a 60-day Notice of Proposed Information Collect...

Dec 15, 2016

HUD Model VAWA Forms Made Available

HUD has created Microsoft Word files for the four model forms included in the Violence Against Women Act (VAWA) final rule that was published in the Federal Register on November 16, 2016. These forms ...

Dec 11, 2016

HUD Final Rule Prohibiting Smoking in Public Housing - December 5, 2016

On December 5, 2016, HUD published a Final Rule in the Federal Register, "Instituting Smoke-Free Public Housing." This rule requires each public housing agency (PHA) administering public housing to im...

Dec 9, 2016

HUD Revises Rent Comparability Studies - December 1, 2016

On December 1, 2016, HUD issued an update to Chapter 9 of the Section 8 Renewal Policy guidebook. The guidance applies to any Rent Comparability Study (RCS) signed by an appraiser on or after March 1,...