2024 Income Limits
HUD has announced the 2024 income limits for the MTSP housing programs effective April 1, 2024..
Minimum wage increases for 2024
State 2023 Hourly Minimum Wage 2024 Hourly Minimum Wage Effective January 1, 2024 Alaska $10.85 $11.73 Arizona $13.85 $14.35 California $15.50 $16.00 Colorado $13.65 $14.42 Connecticut $15.00 $15.69 Delaware $11.75 $13.25 Hawaii $12.00 $14.00 Illinois $13.00 for...
HOTMA News for Private Consulting Clients
While HUD is allowing the implementation of the regulations to be pushed until 7-1-25, Spectrum Compliance has made the decision to implement the HOTMA changes on 1-1-24. This allows for a year of trial and error before all states mandate the changes. We are in contact with all state agencies concerning when they expect to implement HOTMA, and many have reported it will be 1-1-24.
2023 Income Limits
HUD has announced the 2023 income limits for the MTSP housing programs effective May 15, 2023.
2022 Income Limits
HUD has announced the 2022 income limits for the MTSP housing programs effective April 18, 2022.
Pre Approval Report Distribution Update
Beginning Friday April 1, 2022, all Spectrum Compliance Applicant File Pre-Approval reports will be issued through our ShareFile portal.