Sep 11, 2023 | Compliance Issues, Income/Asset Verification, IRS Notices
HOTMA: Section 104: Asset Limits The Final Rule of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) provides some significant changes to the way managers and owners will verify and treat assets. These changes will benefit tenants, administrators and...
Apr 1, 2020 | Income/Asset Verification
Written by Lesley Murray, Spectrum Enterprises HUD has announced the 2020 income limits for the MTSP housing programs effective April 1, 2020. This includes low income housing tax credits and tax exempt bond financing. HUD allows for a 45 day grace period, which means...
Mar 25, 2020 | Income/Asset Verification
Written by Jennifer Robinson, Spectrum Enterprises Nowadays, many of us have apps on our smartphones that allow us to, within seconds, hail a ride from our exact location to our desired destination using only our fingertips. The ridesharing industry exploded onto the...
