Oct 23, 2023 | Massachusetts
Effective July 1, 2025 the updated HOTMA rules take affect. Below are some common questions that we have been receiving regarding the HOTMA update. Question 1: “Are certifications effective 1/1/2024 expected to be HOTMA compliant at all Massachusetts LIHTC...
Oct 12, 2023 | IRS Notices
October 12, 2023 the 2024 COLA was published at 3.2%.
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...
Jul 7, 2023 | West Virginia
October 13, 2022 the 2023 COLA was published at 8.7%. This is the largest increase since 1981.
