HUD Releases 2016 MTSP Income Limits
On 03/28/2016 HUD released the 2016 income limits. Click this link to look up the limits for your area: 2016 income limits
LIHTC developments have a 45 day period to implement the new limits.
The implementation date has been pushed back to 1/1/2027 as many expected.
The implementation date has been pushed back to 1/1/2027 as many expected.
The Social Security Administration has announced the Cost-of-Living Adjustment (COLA) for 2026. Social Security recipients will get a cost of living increase of 2.8%.
HUD has issued a HOTMA update beginning January 1, 2026
HUD has announced the 2025 income limits for the MTSP housing programs effective April 1, 2025.
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.
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.
Spectrum Compliance the “Authorized Delegate” for Massachusetts is pleased to provide LIHTC compliance training to those involved in the...
Effective July 1, 2025 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...
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.