QHow should we treat IRAs and annuities if the holder has access to the balance, the account earns interest, and the holder is receiving distributions, such as the IRS Required Minimum Distribution? The HUD Handbook 4350.3 still has conflicting...
Squatting may be making a comeback in the United States. In the 1970s, it became a widespread problem in cities after the housing market collapsed. Nearly 40 years later, high unemployment, rising evictions, and homelessness along with the surge of vacant housing may be contributing to its...
HUD has issued a new tool for site and leasing management to use in training staff who conduct tenant interviews. A Guide to Interviewing for Owners of HUD-Subsidized Multifamily Projects offers useful tips for the interview process, such as using the C.A.V.E. methodology to remember the...
HUD has developed a new brochure that outlines the Enterprise Income Verification (EIV) system for residents of Section 8 and HUD-assisted sites in a clear, concise, easy-to-read format. EIV and You may help to ease residents' concerns about what information is available, how their...
Finding qualified applicants for your tax credit site is a little like dating. You have to spend some time with each candidate before discovering that he's not a good fit—this person is over-income; that one cannot afford the rent, and the next doesn't meet another screening...
Most site managers have had to handle disputes on occasion with residents or former residents over past-due rents or damaged property. If the money damages that you're seeking are relatively small, typically less than $5,000 (although the amount varies by state), and your preference is for a...
HUD has announced the availability of $113 million in funding for its HOPE VI program, which converts distressed public housing into mixed-income sites.
The U.S. Department of Transportation, Department of Housing and Urban Development, and Environmental Protection Agency have joined forces to create an interagency Partnership for Sustainable Communities to help improve access to affordable housing, more transportation options, and lower...
A household in Minnesota lived in a tax credit unit under a one-year lease that stated the lease could be terminated upon 60 days' written notice. Before the end of the lease term, the management company sent a notice saying it would not renew the lease, but did not provide any explanation...
Although the number of swine flu cases is likely to drop this summer, it is expected to resurface in the fall and winter, according to the Centers for Disease Control and Prevention. To help site owners and managers develop or update their business continuity planning and emergency preparedness...
