2022 Massachusetts Income Limits
HUD has announced the 2022 income limits for the MTSP housing programs effective April 18, 2022.
5.9% Social Security COLA for 2022
The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2022. Social Security recipients will get a cost of living increase of 5.9%, the largest increase since 1982.
2021 Income Limits Released
HUD has released the 2021 income limits. They are effective 4/01/21 and must be in use no later than 5/15/21 To find your 2021 income limits visit: https://www.huduser.gov/portal/datasets/mtsp.html
Recertification Waivers Extended to 9/30/21
You must still complete the move in certifications on time, though.
FAST ACT Recertification
Recertification procedures under the FAST ACT DO NOT apply to LIHTC Recertification in MA.
Regarding EOY Reporting and Ruling 2020-53
A number of people have asked about completing end of year reporting for 2020 in light of the IRS ruling exempting owners from completing recertifications between 4/1/20 and 12/31/20.