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 ...
OHFA Compliance News Flash
On Tuesday, July 9, OHFA Office of Multifamily Compliance sent out the following email: Effective July 1, 2019, OHFA has an updated LIHTC lease addendum. Click here to download the document. OHFA's ...
January 28, 2016 in Certs/ 50059s (Including income/assets/expenses), HUD Notices, RHIIP Listserv, TC (Tax Credit), Tenant Income
HUD Passbook Savings Rate Will Remain at .06% for 2016
HUD Passbook Savings Rate Will Remain at .06% for 2016 On January 19, 2016, HUD issued Housing Notice 2016-01 “Passbook Savings Rate Effective February 1, 2016” to notify the industry that the passb ...
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 ...
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 ...