Sep 18, 2015 | Compliance Issues, States, Technology/Software
Written by Paul Perpich, Spectrum EnterprisesThe 2014 Spectrum End of Year data collection cycle has been completed and the tenant demographic data has been submitted to HUD. The 2014 cycle marked the end of significant updates HUD has made over the past two years to...
Mar 6, 2015 | Massachusetts
-The 2015 LIHTC Income Limits have been released. A quick overview shows an increase across the boardSee this link to the HUD website.
Feb 1, 2015 | Massachusetts
An updated Owner Certification form is now available. Question Xb has been modified for clarity. If your property is not 100% LIHTC you will need to know if the applicable fraction is based on the number of LIHTC units versus the number of non LIHTC units , or the...
Nov 7, 2014 | Massachusetts
Beginning in February, 2015 the imputed rate of interest on cumulative assets exceeding $5,000 will drop from 2% down to .06% A revised certification form will be made available as that date gets closer. Remember to start adding a Cost Of Living Adjustment of 1.7% to...
Feb 10, 2014 | Massachusetts
DHCD’s Section 8 regional administrators stopped calculating UAs for all utilities except heat. Local PHAs receiving and distributing Section 8 operating subsidies may still be able to provide UAs for utilities other than heat. As a result, you will need to avail...
Dec 19, 2013 | Massachusetts
The new 2014 income limits have been released. Please see this blog post written by Erik Whitton for more information and links.
