Feb 9, 2016 | Massachusetts
Please refer to END OF YEAR REPORTING below. MEMO: Collecting last month’s rent in advance. See the News Archive drop down menu below for more news.
Jan 24, 2016 | California
For 2016: New Asian and Pacific Islander racial categories (HUD Mandated)In accordance with Executive Order 13515, Asian and Pacific Islander racial categories were expanded.The categories now include:1 – White;2 – Black/African American;3 – American Indian/Alaska...
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...
