HUD and Bed Bugs
The horror stories about bed bug infestations continue to multiply. Now we have improved guidance for addressing this problem, which has cost properties hundreds of thousands of dollars. It has affe ...
Q & A: Compliance
Question: I have someone transferring into a bigger unit on June 1st. They previously had a 6/1 IR to add income, and the IR was transmitted to TRACS last month. Should I send a transfer cert for Jun ...
Q & A: Compliance
Question: All EIV users have to pass the online security test for EIV. But how do our users who don’t use EIV online get into it to take it? ~Muriel in SC
Children Affected by Foreclosures in Rental Properties
Over 3 million children in rental housing - and that includes apartments - have been affected by the foreclosure crisis. Add to that over 5 million children who have been victims of foreclosure of ho ...
The Work Number – Fees are Here to Stay
During recent TRACS Industry Meetings, owner/agents let Policy know that properties are being charged a fee to use The Work Number. Previously free, this service provided wage verification, which was ...
Hurricanes and Other Disasters
The season is upon us early and it is active. It’s time to check your disaster plans for hurricanes, tornadoes, flooding, hail storms and heat. Any of these can be disastrous for your properties. Pre ...
New Requirements Regarding Sex Offenders
In a 2009 audit, the OIG (Office of Inspector General) estimated that 2000-3100 assisted households included a lifetime registered sex offender. HUD Notice H 2012-11, issued by HUD on June 11, 2012, ...
Section 811 PRAD (Project Rental Assistance Demonstration) Program
The new PRAD supportive housing demonstration program is designed to create project-based rental assistance for extremely low-income people with disabilities. Units will be integrated into convention ...
New Leadership in Multifamily Housing
On April 27, 2012 Marie Head, Deputy Assistant Secretary for the Office of Multifamily Housing Programs announced that Mr. Kerry Hickman has been selected for the position of Director, Office of Housi ...