Massachusetts News

2021 Income Limits Released

HUD has released the 2021 income limits. They are effective 4/01/21 and must be in use no later than 5/15/21

To find your 2021 income limits visit: https://www.huduser.gov/portal/datasets/mtsp.html

Published

April 01, 2021

Massachusetts News Archive

Recent Massachusetts News

NSPIRE Inspection Standards – Smoke Alarms

There are some notable changes as to what is required to comply with smoke detector placement. These changes bring Inspection standards closer to NFPA standards.

EOY 2023 Submissions Due March 15, 2024

The 2022 letter to the owner has been updated. A copy of the letter can be found under the End of Year Report document section on the Massachusetts page.

Massachusetts LIHTC Compliance Training – LIVE – December 6, 2023

Spectrum Compliance the “Authorized Delegate” for Massachusetts is pleased to provide LIHTC compliance training to those involved in the...

LIHTC Compliance and HOTMA in Massachusetts Q & A

Effective January 1, 2024 the updated HOTMA rules take affect.  Below are some common questions that we have been receiving regarding the HOTMA update. Question 1: “Are certifications effective 1/1/2024 expected to be HOTMA compliant at all Massachusetts LIHTC...

EOY 2022 Submissions Due March 15, 2023

The 2022 letter to the owner has been updated. A copy of the letter can be found under the End of Year Report document section on the Massachusetts page.

IRS NOTICE 2022-52 PANDEMIC RELIEF GUIDANCE

On October 7, 2022 the IRS has released guidance that provide temporary relief from certain section 42 requirements.

2022 Massachusetts HOME Limits

HUD has published the 2022 HOME limits and they are effective June 15, 2022. To find your 2022 HOME income limits visit this site: https://www.hudexchange.info/programs/home/home-income-limits/ To find your 2022 HOME rent limits visit this site:...

2022 Massachusetts Income Limits

HUD has announced the 2022 income limits for the MTSP housing programs effective April 18, 2022.

5.9% Social Security COLA for 2022

The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2022. Social Security recipients will get a cost of living increase of 5.9%, the largest increase since 1982.

Recertification Waivers Extended to 9/30/21

You must still complete the move in certifications on time, though.

EOY 2023 Submissions Due March 15, 2024

EOY 2023 Submissions Due March 15, 2024

The 2022 letter to the owner has been updated. A copy of the letter can be found under the End of Year Report document section on the Massachusetts page.

LIHTC Compliance and HOTMA in Massachusetts Q & A

LIHTC Compliance and HOTMA in Massachusetts Q & A

Effective January 1, 2024 the updated HOTMA rules take affect.  Below are some common questions that we have been receiving regarding the HOTMA update. Question 1: “Are certifications effective 1/1/2024 expected to be HOTMA compliant at all Massachusetts LIHTC...

EOY 2022 Submissions Due March 15, 2023

EOY 2022 Submissions Due March 15, 2023

The 2022 letter to the owner has been updated. A copy of the letter can be found under the End of Year Report document section on the Massachusetts page.

2022 Massachusetts HOME Limits

2022 Massachusetts HOME Limits

HUD has published the 2022 HOME limits and they are effective June 15, 2022. To find your 2022 HOME income limits visit this site: https://www.hudexchange.info/programs/home/home-income-limits/ To find your 2022 HOME rent limits visit this site:...

5.9% Social Security COLA for 2022

5.9% Social Security COLA for 2022

The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2022. Social Security recipients will get a cost of living increase of 5.9%, the largest increase since 1982.