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Affordable Housing Industry Updates, Changes to HUD, LIHTC, REAC, and USDA/RD Requirements

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Stay informed on new updates for the affordable housing industry.

Whether you work in HUD-assisted housing, Public Housing, Low Income Housing Tax Credits, or other housing programs – keeping up to date on new requirements is key to staying in compliance.

Whether you want to stay up to date on the latest updates about HUD REAC’s NSPIRE reforms, the Average Income Test for LIHTC Properties, or other updates – sign up for our newsletter to keep up to date.

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Our expert trainers regularly schedule webinars and live events to discuss new industry changes. Sign up for our newsletter to keep up on the new offerings. This includes LIHTC, USDA/RD, and HUD training with Amanda Lee Gross and Gary Kirkman and REAC and NSPIRE Training Options with Scott Precourt.

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03.22.2023
Joe Miksch | Uncategorized

New Private Foundation Partnerships Seek to Build and Retain Affordable Housing

Reasonable people with good intentions can have rational arguments about nearly all aspects of affordable housing. One thing that nearly everyone can agree on, though, is that there just aren’t enough affordable housing units out there to meet demand

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02.20.2023
Scott Precourt | REAC Inspections

HUD APPS Flagging Process May be Flawed, Says OIG Audit

HUD DID NOT SUFFICIENTLY FLAG UNACCEPTABLE PHYSICAL CONDITIONS SCORES What happens when a property fails a REAC Inspection? “A lot” is the short but not particularly helpful answer. Let’s expand on that. When a REAC score comes in under 60, the remediation process requires the owner/agent to take appropriate steps to improve living conditions for […]

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02.10.2023
Joe Miksch | HUD and Tax Credit Compliance

DUNS Number Done

With Deadline Looming, Problems Persist Nearly a Year After the Transition to UEI It makes sense that the United States Government would need to know who it is it’s doing business with, including providers of housing and housing services that receive federal money. From 1978 to April 4, 2022, the DUNS number (issued by Dunn […]

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02.09.2023
Joe Miksch | Uncategorized

President Biden Introduces Blueprint for a Renters Bill of Rights

NONBINDING DOCUMENT INTENDED TO STRENGTHEN TENANT PROTECTIONS AND ENCOURAGE RENTAL AFFORDABILITY Thirty-five percent of Americans—44 million households—rent their homes. In recent years—in the face of the COVID pandemic and unprecedented demand, rents have risen considerably. From 2017 to 2022, the average year-over-year increase in rent was 5.77% nationwide, with the biggest increase occurring from 2021 to […]

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01.31.2023
Joe Miksch | REAC Inspections

New Smoke Detector Requirement for Assisted Housing Properties

NEW REQUIREMENTS FOR SMOKE ALARMS IN FEDERALLY ASSISTED HOUSING ARE EXPECTED TO SAVE LIVES On Jan. 5, 2022, a massive fire consumed a public housing unit in the Fairmount section of Philadelphia. The blaze took the lives of three sisters and nine of their children. Of the seven smoke alarms in the rowhouse, only one […]

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01.24.2023
Scott Precourt | REAC Inspections

NSPIRE Demonstration Inspections to Receive Scores as of April 1st

HUD released an update to the Federal Register on January 24, 2023, which is scheduled to be officially published on January 25, 2023. In this notice, [Docket No. FR-6160-N-03], HUD clarified the following: Through this notification, HUD is informing Multifamily Housing program participants who are currently in this demonstration and have yet to receive an inspection of […]

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