Certification, Compliance, Feature, Income Calculations, Maintenance, Rents, Verification

Certification, Compliance, Feature, Income Calculations, Maintenance, Rents, Verification

Four Key Questions About Section 504 Requirements

July 18, 2010    

Tax credit owners are getting better at complying with the Fair Housing Act's accessibility guidelines in their newly constructed housing projects. However, many who receive federal funding still fail to ensure that they have the appropriate percentage of accessible units to meet the Uniform...

Tips for Navigating EIV Access Issues

July 18, 2010    

Use of the Enterprise Income Verification (EIV) system for public and multifamily housing providers receiving HUD rental assistance became mandatory on Jan. 31, 2010. Progress seemed bumpy earlier in the year, with lagging participation from some owners and agents, multiple system outages,...

Three Things You Need to Know About Unit Transfers

May 31, 2010    

From time to time, you may receive requests from households that want—or need—to move to a new unit. For instance, they may need a larger unit, or they may desire a unit on a higher floor, or they may need a ground-floor unit to accommodate a disability. The IRS has made it clear...

Protect Residents with Regular Balcony Inspections

May 31, 2010    

Last May, a young social worker fell to his death from the 24th-floor balcony of his New York City apartment building after part of the railing gave way. Officials from the city's Department of Buildings (DOB) reported that the balcony's railing was “loose and damaged,” and...

How to Build Community Support for Your Tax Credit Site

May 31, 2010    

Many low-income housing projects have had to deal with community opposition to their site—also known as NIMBYism (“not in my backyard”). It has been a longtime battle for affordable housing proponents, but the current economic crisis may provide the needed leverage for tax...

How to Handle Security Deposits

April 11, 2010    

Security deposits can become a source of conflict between owners and residents. A good rule of thumb with security deposits is to remember that, unlike any other money that you receive from a household, the security deposit remains the resident's money, says Daniel Bancroft, a Boston-area...

Seven Tips for Dealing with Clutter in Common Areas

April 11, 2010    

In warmer weather, many residents find it hard to resist the temptation to use their fire escapes for recreation, often filling them with grills, chairs, plants, and the like. But for most sites, dealing with clutter or debris that obscures common areas is an ongoing, rather than seasonal,...

Setting Rent for Section 8 Resident in Tax Credit Unit

April 11, 2010    

Q How can a low-income housing tax credit (LIHTC) site owner collect rent that is above the area median income rent when the resident is receiving Section 8 in a tax credit unit?

A The tax credit...

Be Proactive to Prevent Bedbugs

April 11, 2010    

“Don't let the bedbugs bite!” Most of us recognize that line from a popular nursery rhyme. It also may be a reason why many people used to believe that bedbugs were a myth. In fact, the public's resistance to believing that bedbugs are real has been one of the major hurdles...

How to Use Social Media to Create Awareness and Build Relations

March 10, 2010    

Social networking is growing at an exponential rate. According to a report by technology and market research firm Forrester Research, 55.6 million U.S. adults visited social networking sites in 2009, double the number of users reported in 2007.

Adopt Comprehensive Pet Policy to Address Owner's, Residents' Concerns

March 10, 2010    

Becoming a pet-friendly site can be a great way to increase your pool of prospective residents and keep them longer once you find them. Responsible pet owners generally are also responsible tenants, and they appreciate sites that welcome Fido and Fluffy. In fact, research by FIREPAW, the...

Follow Guidelines for Assistance Animals

March 10, 2010    

Whether you're developing a new pet policy for your site or you have a strict no-pets rule, keep in mind that animals needed because of a disability are not pets.