As promised, HUD released the 2018 income limits on March 30, 2018 with an effective date of April 1, 2018. As per Revenue Ruling 94-57, Housing Credit income limits must be implemented on the effective date or 45 days from the publication date, whichever is LATER. … [Read more...] about 2018 Income Limits Released
Archives for March 2018
On March 23, 2018, President Trump signed a $1.3 trillion FY 2018 omnibus spending bill to keep the government opened through September 30, 2018. This law includes... 12.5% allocation increase for the next 4 years for 9% Housing Credit deals, An Income averaging option … [Read more...] about Omnibus Spending Bill Signed Into Law
Seats are continuing to go fast for our 2018 National Compliance Professional (NCP) Conference. Since last announcing this year's demand, numerous individuals heeded our warning & took advantage of the summer discounts leaving us with ONLY 2 SEATS. If you would like join us … [Read more...] about Conference Update: 2 Seats Left!!
On March 8, 2016, HUD published a final rule streamlining regulatory requirements pertaining to certain elements of various multifamily housing programs including, but not limited to, the Housing Choice Voucher (HCV) and Public Housing (PH). … [Read more...] about Interim Final Rule on Streamlining Administrative Regulations Under the FAST Act Effective
In 2011, HUD set a December 1 income limit target release date. However, in 2015, Congress changed how the extremely low-income limit was determined tying it to the release of the Health & Human Services poverty guidelines which are not released until mid- to late-January … [Read more...] about HUD to Release FY 2018 Income Limits March 30