Disaster Planning
Hurricane Sandy hit the east coast in October - and emergency plans were put into effect. Some of us were caught in Washington DC for a meeting, and saw how some of the businesses began taking care o ...
Q&A – Changing Resident Status
Question: Isn’t there a rule that a person could not manipulate the head, co-head, etc. to get "elderly" status? Is that in the 4350.3 anywhere? Our HUD office is telling a resident to change their ...
Q&A – Determining Social Security Income
Question: Is there such a thing as using information from both EIV and the SS award letter? I have a tenant who started getting benefits in April 2012 that show in EIV, but EIV does not show any inf ...
Hurricane Sandy: NAHMA & HUD
As properties begin the clean-up from Hurricane Sandy, NAHMA and HUD have distributed the following information to help in the recovery efforts. The National Council of State Housing Agencies (NCSHA)’ ...
New EIV Updates Released
On October 29, 2012 HUD released new updates to the Enterprise Income Verification System: The New Hires Report now appears on the left menu bar, under Verification Reports New Report: "No Income Repo ...
COLA (Cost of Living Adjustment) 2013
Social Security has released the new cost of living adjustment - the increase is 1.7%, effective January 1, 2013. However, information about Medicare premiums has not yet been released.
Housing Assistance at Risk Due to Sequestration
Your Congressional Representatives are at home campaigning for the upcoming election. It is important to contact them now about “sequestering”. Sequestration is a mandatory, across-the-board governmen ...
Residual Receipts FAQ
Through a letter dated October 2, 2012, HUD released Frequently Asked Questions (FAQs) regarding Housing Notice H-2012-14. The FAQs provide guidance regarding the use of Residual Receipts to fund vouc ...
Prepayment & Refinancing of Section 202 Direct Loans
The FAQ (Frequently Asked Questions) for HUD Notice 2012-08 released on September 24,2012, provides clarifications regarding the Updated Requirements for the Prepayment and Refinancing of Section 202 ...
Preservation Workshops
HUD will be holding advanced training workshops that deal with multifamily property preservation, through its “Partners in Housing” program. These workshops are free for owners and senior level manage ...