Apr 1, 2025 | Investor Consulting Services, IRS Notices
HUD has announced the 2025 income limits for the MTSP housing programs effective April 1, 2025.
Jan 6, 2025 | Investor Consulting Services, IRS Notices
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...
Oct 10, 2024 | Compliance Updates, IRS Notices
The Social Security Administration (SSA) recently announced the Cost-of-Living Adjustment (COLA) for 2025 at 2.5%, the lowest adjustment since 2020 (1.3%). The average COLA increase over the past decade has been 2.6%. While this year’s adjustment is lower than 2024’s...
Apr 3, 2024 | Investor Consulting Services, IRS Notices
HUD has announced the 2024 income limits for the MTSP housing programs effective April 1, 2024..
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...