2026 Income Limits - Update

Feb 6, 2026

HUD announced on February 4th that the 2026 income limits will not be released until May 1st. 

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2024 Income Limits

Apr 3, 2024

HUD has announced the 2024 income limits for the MTSP housing programs effective April 1, 2024..

A futuristic scene features black glossy cubes displaying the number 2023, with the last cube rotating to reveal the number 2024.

Minimum wage increases for 2024

Jan 2, 2024

State 2023 Hourly Minimum Wage 2024 Hourly Minimum Wage Effective January 1, 2024 Alaska $10.85 $11.73 Arizona $13.85 $14.35 California $15.50 $16.00 Colorado $13.65 $14.42 Connecticut $15.00 $15.69 Delaware $11.75 $13.25 Hawaii $12.00 $14.00 Illinois $13.00 for...

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HOTMA News for Private Consulting Clients

Dec 1, 2023

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...