Feature

Best Practices for Implementing an Integrated Pest Management Program

October 30, 2024    
IPM is the gold standard for protecting your site and residents from pests.     One of the biggest challenges for owners and managers is pest management. Especially when fall begins and the weather turns colder, pest activity changes as many species seek warmth, shelter, and food....
Income Calculations

IRS Excludes Veteran Disability Benefits from Income Calculations

October 30, 2024    
This should make it easier for veterans to qualify for affordable housing.     The IRS recently released Revenue Procedure 2024-38, which provides guidance on the alternative income eligibility requirements for the Department of Housing and Urban Development–Veterans Affairs...
Income Calculations

SSA Sets Cost-of-Living Adjustment for 2025

October 30, 2024    
COLA increase set at 2.5%.    
In the News

2025 LIHTC and Bond Volume Caps Hit New Records

October 30, 2024    
On Oct. 22, the Internal Revenue Service announced an increase in the LIHTC and private-activity bond volume caps for 2025. The announced changes represent a milestone in the effort to bolster affordable housing financing across the country. Both the 9 percent LIHTC multiplier and the private...
In the News

California to Cap LIHTC Rent Increases

October 30, 2024    
A new state law broadens the CTCAC regs to include all LIHTC developments.   California Governor Gavin Newsom recently signed a bill (AB846) into law that will limit rent increases for tenants in LIHTC sites across California. This legislation is the latest effort in California to place a...
Feature

Avoid 10 Pitfalls When Responding to Sexual Harassment Complaints

September 23, 2024    
Be prepared to respond effectively when a tenant accuses a staff member.    
Dealing with Households

Set 8 Rules for Bicyclists to Avoid Liability, Improve Safety

September 23, 2024    
Nearly 1,000 bicyclists die and over 130,000 are injured in crashes that occur on roads in the United States every year, according to the Centers for Disease Control and Prevention. Adolescents, teens, and young adults have the highest rates of bicycle-related injuries treated in emergency...
Compliance

HUD Issues NSPIRE Appeals Guidance

September 23, 2024    
We review best practices for submitting a technical review request.    
In the News

HOTMA Compliance Delayed for MFH Programs

September 23, 2024    
The new compliance deadline is July 1, 2025.   HUD has issued Notice H 2024-09 delaying HOTMA for Multifamily Housing programs. The previous deadline to come into compliance that came from the most recent version of HUD Notice H 2023-10 was Jan. 1, 2025. Now, the new compliance deadline is...
In the News

HUD Issues Fair Market Rents for Fiscal Year 2025

September 23, 2024    
The FMRs go into effect on Oct. 1.   HUD is required by law to set Fair Market Rents (FMRs) every year. In general, the FMR for an area is the amount that a tenant would need to pay the gross rent (rent plus utilities) of privately owned, decent, and safe rental housing of a modest (non-luxury...