HUD announced on February 4th that the 2026 income limits will not be released until May 1st.
2024 COLA ANNOUNCED
October 12, 2023 the 2024 COLA was published at 3.2%.
2026 Income Limits – Update
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HOTMA – Two Key Asset Changes
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...
2023 Income Limits
HUD has announced the 2023 income limits for the MTSP housing programs effective May 15, 2023.
Walmart Announces Raise to Their Minimum Wage!
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.
Spending package includes change to RMD requirements
The RMD age adjustment is actually an extension of a change from the first SECURE Act, which in 2019 raised the age for RMDs from 70 1/2 to 72. In addition to raising the age for 2023 to 73.