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Dec 2, 2015

Amendment to the HUD Definition of Tuition, Notice H 2015-12

Amendment to the HUD Definition of Tuition, Notice H 2015-12   HUD published Notice H 2015-12 on November 18, 2015, amending the definition of tuition as it relates to both HUD Multifamily ...

Dec 1, 2015

HUD Notice on Designation of Difficult Development Areas and Qualified Census Tracts for 2016

  On November 24, 2015, HUD issued a Notice in the Federal Register designating "Difficult Development Areas" (DDAs) and "Qualified Census Tracts" (QCTs) for purposes of the Low-Income Housing...

Nov 29, 2015

Developer Fees - How They are Viewed by the IRS

  Developer fees represent payment for a developer s services and are (at least partly) includable in eligible basis for a Low-Income Housing Tax Credit (LIHTC) project. There are three basi...

Nov 29, 2015

HUD Notice Regarding Exclusion of Use of Arrest Records for Housing Decisions, Notice 2015-10

  On November 2, 2015, HUD issued Notice H 2015-10, Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decis...

Nov 28, 2015

Understanding the Applicable Percentage for a Section 42 Property

[vc_row][vc_column][vc_column_text]The amount of annual Low-Income Housing Tax Credit (LIHTC) a building may receive is dependent on four factors: (1) Eligible Basis; (2) the Applicable Fraction; (3) ...

Nov 28, 2015

Satellite Dishes - Rights of Landlords and Residents

[vc_row][vc_column][vc_column_text]Federal rules published by the Federal Communications Commission (FCC) give residents of apartment communities the right to install satellite dishes at an apartment ...

Nov 27, 2015

The Determination of Qualified Basis for LIHTC Projects

[vc_row][vc_column][vc_column_text]The Determination of Qualified Basis for LIHTC Projects Qualified basis is a portion of a low-income building s eligible basis associated with the low-income un...

Nov 25, 2015

Smoke Free Public Housing - HUD Proposed Rule

Smoke Free Public Housing - HUD Proposed Rule, November 17, 2015   On November 17, 2015, HUD published a proposed rule in the Federal Register that would require all public housing agencies...