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July 31, 2015 in Breaking News, TC (Tax Credit)

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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June 23, 2015 in Breaking News, Contract Renewals and Rent Increases, Funding/Grants, PRAC (Project Rental Assistance Contract), Residual Receipts

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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June 16, 2015 in Breaking News, Contract Administrators (PBCA/TCA), HUD Notices, PIH (Public and Indian Housing), Preservation, RAD (Rental Assistance Demonstration), RAP (Rental Assistance Program), Rent Sup (Rent Supplement)

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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January 29, 2015 in Eligibility, TC (Tax Credit)

HUD Issues memo regarding occupancy protections for households in properties layered with HUD subsidy and Low-Income Housing Tax Credits

HUD Issues memo regarding occupancy protections for households in properties layered with HUD subsidy and Low-Income Housing Tax Credits On January 12, 2015, HUD issued a memo titled “Occupancy Pro ...

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