October 13, 2022 the 2023 COLA was published at 8.7%. This is the largest increase since 1981.
On 7-29-16, HOTMA was signed into law. HUD issued the final rule on 2-14-23 to take effect 1-1-24. While HUD is allowing the implementation of the regulations to be pushed until 7-1-25, Spectrum Compliance has made the decision to implement the HOTMA changes on...
October 12, 2023 the 2024 COLA was published at 3.2%.
HOTMA: Section 104: Asset Limits The Final Rule of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) provides some significant changes to the way managers and owners will verify and treat assets. These changes will benefit tenants, administrators and...
HUD has announced the 2023 income limits for the MTSP housing programs effective May 15, 2023.
Walmart has announced that in early March 2023, store employees will make a minimum of $14.00 per hour which is an increase of $2.00 to the current minimum hourly rate.