Month: April 2018

NCSHA Develops Income Averaging Q & A
To assist our industry in understanding and implementing the new Income Averaging election, NCSHA has developed an Income Averaging Q&A with answers to frequently asked questions.
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2 Important Changes Made to the LIHC Program
The Consolidated Appropriations Act of 2018 created 2 important changes to the Housing Credit Program… Increases in Available Credit and Income Averaging… both of which are explained here.
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USDA Debuts New RHS Program Eligibility Maps
The USDA announced proposed changes to the maps it uses under the Rural Housing Service. The proposed maps will go into effect on June 4, 2018.
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