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.
Oct 30, 2013 | Massachusetts
The Social Security Administration has just released the new 2014 COLA adjustments. It has been adjusted to 1.5%. Please see this link for details.
Oct 21, 2013 | Massachusetts
**NOTICE REGARDING RETIREMENT and INVESTMENT ACCOUNTS** There has been confusion regarding how to document income and assets involving retirement accounts (IRAs/401ks/etc.) and other investment accounts (Investments without any sort of tax deferment or age...
