Massachusetts officials said Thursday that $67 million in state and federal funding and tax credits has been designated to build and preserve 23 affordable-housing developments in 21 communities… Continue reading article in the Boston Globe.
On October 7, 2022 the IRS has released guidance that provide temporary relief from certain section 42 requirements.
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:...
HUD has announced the 2022 income limits for the MTSP housing programs effective April 18, 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.
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
You must still complete the move in certifications on time, though.
Recertification procedures under the FAST ACT DO NOT apply to LIHTC Recertification in MA.
A number of people have asked about completing end of year reporting for 2020 in light of the IRS ruling exempting owners from completing recertifications between 4/1/20 and 12/31/20.
As the pandemic continues, DHCD wants to provide you with further guidance on income certifications and recertifications.
light of the new income and rent limits announced by the United States Department of Housing and Urban Development (HUD) on April 1, 2020.