Feature
June 26, 2024
Understanding the program can help you market your site.
The Section 45L tax credit is a federal tax credit intended to foster the development of energy-efficient homes and buildings. The credit was first introduced as a tax deduction under the Energy Policy Act of 2005. At the time,...
Compliance
June 26, 2024
Three kinds of AI ad tools can get you into trouble when applied to housing.
Savvy use of digital media for marketing purposes can be a useful tool for owners and managers, but it can also get them into fair housing trouble. The same artificial intelligence (AI) and machine learning...
In the News
June 26, 2024
Rents continue to rise far faster than wages.
The Joint Center for Housing Studies of Harvard University recently released the latest version of its annual report, The State of the Nation’s Housing 2024. The report finds that housing costs continue to rise for both the for-sale...
In the News
June 26, 2024
Annual premium increases for affordable housing sites are ranging from 30% to 100%.
A broad coalition of groups representing America’s housing providers, lenders, and residents recently sent members of Congress and the Biden administration a letter outlining a number of bipartisan...
Feature
May 29, 2024
HUD warns against artificial intelligence-based housing discrimination.
The use of artificial intelligence (AI) technologies in the multifamily industry has been raising red flags. As an increasing number of tenant screening companies claim to use AI to detect “higher-risk renters,...
Compliance
May 29, 2024
We review the proposed expansion of tenant rights and protections.
Funds from the HOME program and LIHTCs are often used together to finance affordable rental housing sites. To establish affordable rents in many markets, a site’s rents may not be enough to pay off a conventional...
In the News
May 29, 2024
Will other states follow suit?
When New York State lawmakers enacted its fiscal year 2025 budget last month, it included legislation intended to support housing statewide and address the state’s housing crisis. One part of the passed legislation was a measure to ban insurance carriers...
In the News
May 29, 2024
Lawmakers blame the agency for lack of direction.
A bipartisan group of 24 members of Congress recently sent U.S. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel a letter urging the Treasury and IRS to issue guidance providing direction to state agencies and other LIHTC...
Feature
April 30, 2024
Broken air conditioners are a red flag to NSPIRE inspectors.
Keeping your residents cool and comfortable in the summer should be one of your top priorities. If summer hits before you’re prepared and your air-conditioning system breaks down, you risk angering residents who will...
Income Calculations
April 30, 2024
You must implement the new limits no later than May 16, 2024.
