2025 Minimum Wage Increases
As we step into 2025, several states are rolling out updates to their minimum wage rates, reflecting adjustments for inflation, legislative changes, and phased-in increases. · Ohio: The minimum wage is increasing to $10.70 from $10.45 due to an inflation...
2024 Spectrum Data Collection Starts March 1, 2025
As we begin 2025, we will be collecting the annual submission of year-end documentation for 2024. This submission is required by the Internal Revenue Service, as noted in Section 42 (26 CFR Part I-1.42-5 (c)) of the Internal Revenue Code, and by the West Viriginia...
The deadline for the 2023 HUD Data Collections Cycle Has Been Extended to December 20, 2024
The data collection applies to households within all LIHTC units in a project as of December 31,2023.
