Latest News

Updated 2/2/2016 2016 Poverty Guidelines Published On January 25, the Department of Health and Human Services (HHS) published the 2016 poverty guidelines in the Federal Register (81 FR 4036) for the 48 contiguous states, the District of Columbia, Alaska and Hawaii. These figures … [Read more...] about 2016 Poverty Guidelines Published

Updated 1/26/2016 HUD Passbook Rate Remains Unchanged for 2016 As per HUD Notice 2016-01, issued on January 19, 2016, the 2016 passbook rate to be used for all move-in, initial, annual, and interim recertification when imputing a households asset income remains 0.06%. CLICK HERE … [Read more...] about HUD Passbook Rate Remains Unchanged for 2016

Updated 1/19/2016 9% Credit Percentage Made Permanent On December 18th, the House & Senate announced their tax extenders and omnibus spending bills which included a permanent minimum 9% applicable credit percentage for non-subsidized properties. Unfortunately this did not … [Read more...] about 9% Credit Percentage Made Permanent

Updated 1/19/2016 BAH Military Housing Allowance Made Permanent The BAH military housing allowance was permanently made exempt from Housing Credit income qualification determinations for personnel stationed at or near qualified military bases. … [Read more...] about BAH Military Housing Allowance Made Permanent