EOY 2022 Submissions Due March 15, 2023
The 2022 letter to the owner has been updated. A copy of the letter can be found under the End of Year Report document section on the Massachusetts page.
2023 Income Limits Delayed
Friday December 2nd, HUD announced that the 2023 income limits will be delayed approximately 6 weeks beyond the normal publishing date of April 1st. More information will follow as it is provided.
2023 COLA ANNOUNCED
October 13, 2022 the 2023 COLA was published at 8.7%. This is the largest increase since 1981.
IRS NOTICE 2022-52 PANDEMIC RELIEF GUIDANCE
On October 7, 2022 the IRS has released guidance that provide temporary relief from certain section 42 requirements.
Low Income Housing Average Income Test Regulations
The IRS has released income averaging guidance to be published on October 12, 2022.