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Mar 7, 2016

HUD Publishes Major Rule Changes for Public Housing, Housing Choice Voucher and Multifamily Housing Programs

On March 3, 2016, HUD published in the Federal Register a new rule on Streamlining Administrative Regulations for Public Housing (PH), Housing Choice Voucher (HCV), Multifamily Housing (MFH) and Commu...

Mar 6, 2016

National Housing Trust Fund Money Now Available

National Housing Trust Fund   The National Housing Trust Fund (NHTF) was established as part of HERA 2008, and will provide communities with funds to build, preserve and rehabilitate rental...

Mar 5, 2016

Airbnb and Affordable Housing

Airbnb: A Potential Challenge for Affordable Housing Properties   Airbnb is a website for people to list, find, and rent lodging. It has over 1.5 million listings in 190 countries. Users...

Mar 4, 2016

IRS Issues Final and Temporary Regulations Regarding Utility Allowances

Utility Allowance Final and Temporary Regulations   The IRS published Final and Temporary Regulations relating to Utility Allowances for Low-Income Housing (LIHTC) properties in the March 3...

Feb 28, 2016

HUD Funding Demonstration Program for Housing for the Elderly

The Department of Housing & Urban Development (HUD) recently announced the availability of funding of approximately $15 million under the Department's Supportive Services Demonstration for Elderly...

Feb 25, 2016

IRS Amends State LIHTC Monitoring Requirements

Amendments to LIHTC Monitoring Regulation, Revenue Procedure 2016-15   On February 25, 2016, the IRS published a proposed rule in the Federal Register that would amend the compliance monito...

Feb 20, 2016

Verifying the Need for a Live-in Aide in Low-Income Housing Tax Credit Properties

Verifying the Need for a Live-in Aide in Low-Income Housing Tax Credit Properties   Most housing managers are aware that due to the requirements of fair housing law, properties must at time...

Feb 15, 2016

Cash for Rent - Can Apartment Communities Refuse

Cash for Rent - Can Apartment Communities Refuse?   It has long been considered a "best practice" in the multifamily housing world not to accept cash rent payments. There are many good reas...