search
Contact Us - Short Form

How can we help you?

  • This field is for validation purposes and should be left unchanged.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What to Do When a Property Fails a REAC Inspection

When a property fails a REAC Inspection, the property owners and managers often take it personally. It can feel like a gut punch, and often the initial response is defensive. A defensive response is entirely normal; it’s even human. However, this response often gets property owner’s in trouble. So, the question is: what should you […]

Continue Reading
Category:
Authors:
11.24.2020
Scott Precourt | HUD and Tax Credit Compliance

New Guidance on Remote Informal Hearings for PHAs

On November 20, 2020, HUD released Notice PIH 2020-32, “Guidance for PHAs on the Allowability of Remote Hearings and Remote Briefings.” In this document, HUD discusses how to handle grievance procedure hearings and remote briefings for Housing Choice Voucher (HCV) recipients.  During the COVID-19 pandemic, the need for social distancing, particularly within indoor settings, has […]

Read More
11.10.2020
Amanda Gross | HUD and Tax Credit Compliance

HUD Updates Guidance on Electronic Signatures and File Storage

On November 6, 2020, HUD published Notice  H 2020-10. In this notice, HUD provides clarification to the Electronic Signatures and Electronic File Storage guidance previously published on May 26, 2020, Notice H 2020-04. You can read my article about the original notice from June 1, 2020, by clicking here. Notice H 2020-4 permits IPAs (Independent Public […]

Read More
11.03.2020
Amanda Gross | HUD and Tax Credit Compliance

IRS Publishes Proposed Regulations for the Average Income Minimum Set Aside Election

On Friday, October 30th, the IRS published proposed regulations related to the Average Income Minimum Set Aside Test under the LIHTC Program. The IRS is proposing changes (click here to read full proposed regulation) to Treasury Regulation 1.42-15, which speaks to the Next Available Unit Rule, and is proposing anew Treasury Regulation, 1.42-19, which speaks […]

Read More
10.15.2020
Amanda Gross | HUD and Tax Credit Compliance

SSA Announces 2021 Cost of Living Increase

On 10/13/20, the Social Security Administration (SSA) announced a 1.3% Cost of Living Adjustment (COLA), increasing the benefit amount for recipients beginning January of 2021. As the SSA has published this information, it is considered “verifiable,” and the COLA may need to be included when determining annual income. LIHTC, RD, and HOME For  LIHTC, RD, […]

Read More
10.15.2020
Amanda Gross | HUD and Tax Credit Compliance

HUD Published Updated COVID-19 Q&A 10-14-20

On October 14, 2020, HUD published another updated COVID-19 Q&A, which was last updated on 7/31/2020. While most of the added guidance relates to the CDC Eviction Moratorium, this latest update extends the dates for certain relief provisions and discusses “Hazard Pay” when determining annual income. The HUD Q&A document discusses several changes for MAP Lending […]

Read More
09.02.2020
Scott Precourt | HUD and Tax Credit Compliance

The Center for Disease Control (CDC) Orders a Temporary Eviction Moratorium 

The Center for Disease Control (CDC) released an order in the Federal Register, which establishes a halt to evictions during COVID-19. The CDC Eviction Order is scheduled to be published on September 4, 2020, and extends to the end of 2020. The CDC explains the reason for the eviction order: Housing stability helps protect public health […]

Read More
Contact Us Now