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New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration
New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration On July 23, 2015, the Government Accountability Office (GAO) released a report that foc ...
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Big News for Owners Needing To Perform a Utility Allowance Analysis
Big News for Owners Needing To Perform a Utility Allowance Analysis On June 18, 2015 and June 22, 2015, respectively, HUD issued a Memo and Notice H-2015-04 detailing new sampling methodologies Owne ...
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HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts
HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts On June 19, 2015, HUD issued a memorandum that impacts owners of Section 202 and 811 PRAC properties maintaining residual receipt acc ...
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HUD Issues a Revised RAD Notice
HUD Issues Notice PIH-2012-32 (HA), REV-2-Rental Assistance Demonstration-Final Implementation, Revision 2 On June 15, 2015, HUD issued a revised Notice that provides program instructions for the Ren ...
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Annual Financial Statement (AFS) Filing Deadline; Validation Errors; FASS Service Outage
AFS Filing Deadline - There has been no indication from REAC that a filing extension will be issued; therefore, filers must adhere to the 90-day filing deadline. REAC has indicated, however, that alth ...
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2015 HUD Income Limits Have Been Released
2015 HUD Income Limits Have Been Released On March 6, 2015, HUD released the 2015 Income Limits. Click here to view these limits. Owners of properties participating in HUD’s multifamily housing pr ...
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Allowable Medical Expense Question
Q&A: Allowable Medical Expense Question Question One of my residents is disabled and has an individual that she pays to come every Thursday to assist her with housekeeping tasks. Is that an allowable ...
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Q&A: Difference between versions 3 and 4 of the sample Declaration Form of the HUD 4350.3 Handbook
Q&A: Difference between versions 3 and 4 of the sample Declaration Form of the HUD 4350.3 Handbook Question What is the difference between the prior sample Declaration Form in the Change 3 HUD 4350.3 ...
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HUD Offering a Free Webinar on Successfully Adopting a Smoke-Free Housing Policy on March 5, 2015-Space is limited!
HUD Offering a Free Webinar on Successfully Adopting a Smoke-Free Housing Policy on March 5, 2015-Space is limited! HUD’s Office of Lead Hazard Control and Healthy Homes (OLHCHH) will be hosting a ...
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Q&A: Conditions for a Live-in Aide
Q&A: Conditions for a Live-in Aide Question A female tenant requests a male live-in aide to reside in her one bedroom apartment. Is that allowed? ~ Leah – San Diego Answer This is permitted, provi ...