HUD 2019 Income Limits

Apr 24, 2019 | Massachusetts

HUD has released the 2019 income limits. They are effective 4/24/19 and must be in use no later than 6/8/19. To find your 2019 income limits visit: https://www.huduser.gov/portal/datasets/mtsp.html

February 2019 Significant Changes from Treasury Dept

Feb 25, 2019 | Massachusetts

On 2/26/19 the Treasury Department will officially publish significant changes to LIHTC monitoring requirements. A copy of the publication can be found HERE Advance notice of file reviews and inspections will be limited to no more than 15 days. Same day notification...

EOY Documentation for 2018 Due March 15

Jan 10, 2019 | Massachusetts

End of Year documentation for 2018 is due no later than March 15. An email reminder was sent out. If you didn’t receive it but would like to going forward, contact Ed Clark eclark@spectrumlihtc.com to be added to the list. There are no changes to the software or...

COLA Adjustments for 2019

Oct 11, 2018 | Massachusetts

The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2019. The COLA will increase 2.8 percent beginning on December 29, 2018. Read more at: www.ssa.gov