On March 13, HUD sent a notification to all REAC inspectors stating that currently scheduled inspections were to be canceled for an undetermined period of time due to the coronavirus pandemic.

On March 12, HUD released a Q&A document to help affordable housing professionals address the COVID-19 pandemic and will continue to update this document, contained at their website, as new information comes available. CLICK HERE to access this document.

On March 2, the IRS published Notice 2020-10 providing the population figures used in calculating each states’ 2020 calendar-year volume limits for the Housing Credit and private activity bond (PAB) programs. The Housing Credit figure for each state is the greater of the population multiplied by $2.8125 or $3,217,500. The PAB cap is the greater of […]

Last month, I posted a new course — Housing Credits 525: Understanding the Average Income Test at the Housing Credit Training Center with a special introductory price of $149 which expired on 3/31/2020. In an effort to assist our industry in this crazy time, we are extended this sale price for another month.

Elizabeth has recently updated Housing Credits 300: Compliance Basics for INDIANA Properties! The new version of this course is now available and includes all the recent changes made to IHCDA’s (Indiana Housing & Community Development Authority) compliance manual including AIT and VAWA.