TRACS 202.D Is Here
The much anticipated implementation of TRACS 202.D is here. The conversion to TRACS 202.D kicked off on August 1, 2014 and will run to January 31, 2015.
PMCS Wants To Hear From You
2014 is flying by at a record pace. In the last year, managers have been tasked with modifying written policies and adjusting their daily procedures to comply with Change 4 of the HUD Handbook 4350.3, ...
Tenant Complaints
On June 13, 2014 HUD issued a memo revising Notice H 2012-21 (Implementation of Tenant Participation Requirements). The part that changed was Section F, detailing the appeal procedure for tenants or t ...
Employment Verification
Question: I am sending out employment verification, child care verification and medical expense verification forms for a tenant’s upcoming recertification. Do I have to send the HUD Form 9887A with ea ...
New England Tornado
On July 28, 2014, the New England Multifamily Hub requested our assistance in relaying the following message to Massachusetts owners and agents: This morning a tornado touched down in Revere, MA. If y ...
Update on the Multifamily Transformation
As you may recall, in April 2013, HUD announced plans for a major restructuring initiative for its Multifamily Housing Division. Wave 1 (of 5) of this initiative is now well underway and HUD has relea ...
New Secretary of Housing and Urban Development
On July 9, 2014, the Senate confirmed Julian Castro as the new Secretary of Housing and Urban Development. Former HUD Secretary, Shaun Donovan, assumes a new role as the Director of the Office of Mana ...
TRACS 202.D Implementation Schedule Released
On June 30, 2014, HUD’s Office of Multifamily Housing formally announced the TRACS 202.D Release Implementation Schedule.
Extremely Low Income Limits Revised
The Extremely Low Income limits have been re-defined and recalculated - and are effective on July 1, 2014.
HUD Requests a Rehearing
On June 23, 2014, HUD announced it would seek a rehearing of the decision of the U.S. Court of Appeals for the Federal Circuit.