HOTMA Implementation FAQs Now Available
HUD's Office of Multifamily Programs has developed a series of Frequently Asked Questions (FAQs) with respect to the implementation of the Housing Opportunity Through Modernization Act of 2016 (HOTMA) ...
HOTMA Guidance for NJ LIHTC Properties
On November 14th, NJHMFA sent out the following Developer Bulletin for New Jersey Low Income Housing Tax Credit Projects:Pursuant to HUD Notice H 2024-09 the implementation date of Notice H 2023-10 (H ...
HUD Update: HOTMA Effective Date Change
On September 20th, HUD issued Notice H 2024-09, extending the HOTMA compliance date stated in section 6.2 of Notice H 2023–10 from January 1, 2025, to July 1, 2025. The full notice can be viewed below ...
2025 Inflationary Adjustments
The 2025 Inflationary Adjustments have been posted here.Items to note:New Asset Threshold of $51,600New Asset Limitation of $103,200New Passbook Rate of 0.45%Deductions remain the sameApplicability: P ...
Reminder: HOTMA May 31 Deadline
Please be advised that MFH Owners’ Tenant Selection Plans (TSPs) and Enterprise Income Verification (EIV) Policies and Procedures must be updated and made publicly available by May 31, 2024, as stated ...
HUD Publishes Methodology for Annual Inflationary Adjustments Federal Register Notice
Today, the Office of Multifamily Housing, Public and Indian Housing, and Community Planning and Development published a joint Federal Register notice on the Methodology for Annual Inflationary Adjustm ...
Extended HOTMA Compliance Date for Tenant Selection Plan and EIV Policies & Procedures
The Office of Multifamily Housing Programs published a Housing Notice extending the HOTMA compliance date in Section 6.2 of Notice H 2023-10 for owners to update their Tenant Selection Plan (TSP) and ...
TRACS Access/User Recertification/Security Awareness Training Requirements [External Users] MUST be completed by March 14, 2024
Office of Housing sent this bulletin on 2/7/2024: Attention HUD encourages owners and agents of project-based rental assistance programs to read the newly updated guide “TRACS External Users A ...
Important New HOTMA Section 102 and 104 Implementation Guidance Now Available
Office of Housing sent this bulletin on 2/6/2024:HUD published updates to the implementation guidance for Section 102 and 104 of the Housing Opportunity Through Modernization Act (HOTMA). This email i ...
Update to HUD HOTMA Implementation Notice
The Final Rule Implementing HOTMA Sections 102, 103, and 104 was released by HUD on 9/29/2023. This new regulation is effective January 1, 2024, with full implementation and compliance with HOTMA expe ...