Spectrum Enterprises, Inc.

NEWS:

October 11, 2018:

The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2019. www.ssa.gov

Monthly Social Security and Supplemental Security Income (SSI) benefits will increase 2.8 percent in 2019.

The 2.8% cost-of-living adjustment (COLA) will begin on December 29, 2018.

For more information on how to calculate the COLA please see our blog article SOCIAL SECURITY COLA FOR 2019


June 1, 2018:

The IRS has published a revised Form 8609. The revised 8609 includes the option to select a new set-aside “Average income”

May 14, 2018:

HUD published the 2018 HOME income and rent limits. They are effective 6/01/2018

Things to remember about HOME income and rent limits:

1.) There is no 45 day transition. You must begin using the new limits on the effective date;

2.) HOME limits are not “held harmless” like LIHTC limits. If HOME income limits go down, you must use the lower limits for both income and rent.

You can find the HOME limits either by following the link https://www.hudexchange.info/programs/home/home-income-limits

April 1, 2018:

HUD has released the 2018 income limits. They are effective 4/1/18 and must be in use no later than 5/15/18. Be sure to check the MTSP limit chart to determine which income limits to use for your property.

To find your 2018 income limits visit: https://www.huduser.gov/portal/datasets/mtsp.html


October 13, 2017:

The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2018. www.ssa.gov

Monthly Social Security and Supplemental Security Income (SSI) benefits will increase 2 percent in 2018.

The 2% cost-of-living adjustment (COLA) will begin on December 29, 2017.

For more information on how to calculate the COLA please see our blog article SOCIAL SECURITY COLA FOR 2018


Fraud Alert:

We’ve been informed that cold calls have been made using our company name (Spectrum Enterprises).

We NEVER perform cold calling over-the-phone, request wire transfers or retainers for our services.

Please inform us of any fraudulent calls you may receive at: info@spectrumlihtc.com

Blog

SOCIAL SECURITY COLA FOR 2019

October 11, 2018: The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2019.  According to www.ssa.gov: “Social Security and Supplemental Security Income (SSI) benefits for more than 67 million Americans will increase 2.8 percent in 2019. The 2.8 percent cost-of-living adjustment (COLA) will begin with benefits payable to... More

Training

We offer private staff training addressing tax credit compliance, Fair Housing and affordable housing programs.

For more information see our detailed training page.