search
INSPECTION SERVICES
When it Comes to Multifamily Housing Inspections, it’s the details that matter.
Learn More
Contact Us - Short Form
How can we help you?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Affordable Housing Industry Updates, Changes to HUD, LIHTC, REAC, and USDA/RD Requirements
Sign Up For US Housing Consultants' Newsletter
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.
Learn About New Training Opportunities
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.
Category:
Authors:
IRS Published Final Regulations on the Average Income Test (AIT)
On October 7, 2022, the IRS released the long-awaited final regulation (Treasury Regulation 1.42-19), the Average Income Test (AIT). It is a great relief to see that this final regulation is a substantive departure from the proposed regulation published in 2020, which included many problematic provisions. What is the Average Income Test (AIT) again? In 2018, […]
Read MoreProtect and Renew the Community Reinvestment Act
Protect and Improve the Community Reinvestment Act Financial regulators are reviewing proposed changes to the Community Reinvestment Act (CRA). The Office of the Comptroller of the Currency, FDIC, and Federal Reserve have published a joint Notice of Proposed Rulemaking (NPR). Some of the proposals are quite positive. However, we fear some proposals will lead to […]
Read MoreHUD Publishes New Proposed NSPIRE Rules and Seeks Comments
On June 17, 2022, HUD published an update in the Federal Register 24 CFR Parts 5, 92, 93, 200, 574, 576, 578, 880, 882, 884, 886, 888, 902, 982, 983, and 985 ([Docket Nos. 6086–N–02] – Request for Comments: National Standards for the Physical Inspection of Real Estate and Associated Protocols’ Comments will be accepted […]
Read MoreHUD Publishes Revisions to Proposed NSPIRE Standards
HUD recently published an update to seven proposed NSPIRE standards as part of the proposed NSPIRE protocols, which are currently being used in a demonstration program. It is important to remember that all NSPIRE standards currently being proposed will go into effect once a final rule has been published, which is expected in CY 2023 […]
Read MoreIRS Increases Mileage Rate for Remainder of 2022
On June 9, 2022, the Internal Revenue Service (IRS), published Announcement 2022-13, which amends optional standard mileage rates for computing the deductible costs of operating an automobile for business, medical, or moving expense purposes and for determining the reimbursed amount of these expenses that is deemed substantiated. The announcement can be viewed by clicking here. […]
Read MoreHUD Announces $10.3 Billion in Grants for Housing and Community Development
On May 17, 2022, HUD announced more than 10 Billion in grants for housing and community development grants. This includes much needed investments in new affordable housing, tribal housing, as well as long overdue capital fund investment for public housing modernization. “This funding is an investment in our communities and provides important services to some […]
Read More