Operating Cost Adjustment Factors (OCAFs) for Fiscal Year (FY) 2024 have been Published
On November 30, 2023, HUD released the Fiscal Year 2024 Operating Cost Adjustment (OCAF) Factors which are effective February 11, 2024. The notice was published in the federal register and establishes ...
HOTMA Supplemental Guidance Update
On November 29th, HUD Multifamily Asset Management sent the following update to email subscribers:The U.S. Department of Housing and Urban Development (HUD) is working to release supplemental guidance ...
HOTMA Final Rule Implementation Date is January 1, 2024!
HUD provided supplemental Implementation Guidance for the (Housing Opportunity Through Modernization Act of 2016 (HOTMA) in Housing Notice 2023-10 released on September 29, 2023. With this Final Rule, ...
Cyber Awareness Challenge 2024 is Now Available
HUD requires that anyone who uses EIV as part of their job description must complete a security training called the Cyber Awareness Challenge. The 2024 Cyber Awareness Challenge is now available onlin ...
SSA Announces the 2024 COLA Increase of 3.2%
Updated 10/17/23: The Centers for Medicare and Medicaid Services (CMS) has announced that the standard Medicare Part B monthly premium will increase $9.80 for 2024. The new amount will be $174.70 (up ...
HUD Releases Supplemental HOTMA Guidance
On Friday September 29, 2023, HUD released Housing Notice H 2023-10 which published long-awaited supplemental guidance on the implementation of Sections 102 and 104 of the Housing Opportunity Through ...
HUD Publishes FY 2024 Fair Market Rents
HUD Publishes FY 2024 Fair Market Rents On Thursday, August 31, 2023, HUD published the following notice (HUD No. 23-186):HUD Updates Fair Market Rents; Makes $113 Million Available in Affordable ...
TRACS Service Interruption Notification
TRACS Service Interruption Notification On August 21, 2023, the TRACS system experienced a service interruption. TRACS users may be affected by delayed processing of tenant certifications and vou ...
Rental Assistance Demonstration (RAD) Supplemental Notice Issued!
Rental Assistance Demonstration (RAD) Supplemental Notice Issued! On July 27, 2023, HUD issued RAD Supplemental Notice 4B, HUD Housing Notice H 2023-08 and PIH 2023-19 which identified revisions ...
NSpire (National Standards for the Physical Inspection of Real Estate) Final Standards Published
NSpire (National Standards for the Physical Inspection of Real Estate) Final Standards Published NSpire Final Standards were published on July 7, 2023, with the intent of strengthening HUD’s physi ...