Recent News Posts
Consolidated Appropriations Act (COVID Relief)
As part of the Consolidated Appropriations Act (COVID Relief) signed into law on 12/27/20, there is one provision regarding LIHTC.
LIHTC Compliance Certification Update
Certifications due between 4/1/20 and 8/30/21 are no longer required.
Social Security COLA for 2021
The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2021.
Cost-of-Living Adjustment (COLA) for 2021
The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2021. The COLA will increase 1.3 percent beginning on December 31, 2020. Read more at www.ssa.gov
Cost-of-Living Adjustment (COLA) for 2021
The COLA will increase 1.3 percent beginning on December 31, 2020.
PRE-APPROVAL LIMITS & UA REQUIREMENTS
In order to provide a comprehensive pre-approval review, here is some key documentation we’ll require.
Pre Approval Report Formatting – 8/17/2020
Spectrum is using a new format for documenting comments and corrections on the pre-approval report.
KEEPING IN COMPLIANCE: LIHTC TENANT FILES – LIVE ONLINE
Spectrum’s new 6-hour course is now being offered live monthly.
Let’s Talk About Tips, Baby
Tips can take many forms and can appear in many different ways on an employee’s pay stubs.
Additional Fees Charged at Tax Credit Properties
It isn’t always clear what fees can be charged at a tax credit property.
Spectrum’s 2020 Online Learning Opportunities
Our new 6-hour online course is designed as a comprehensive overview of common compliance topics.
2020 Income Limits
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...