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On October 11, Senate Finance Committee member Dean Heller, R-NV, introduced Seniors Affordable Housing Tax Credit Act S. 3580. This Act would establish a tax credit for owners of multifamily rental property renting to extremely low-income seniors. … [Read more...] about Renters Tax Credit for Seniors

On October 11, the Social Security Administration (SSA) announced a 2.8% increase in Social Security and Supplemental Security Income (SSI) for more than 67 million Americans. … [Read more...] about COLAs for Social Security, SSI and VA Disability Plus Medicare Part B Premium Changes Announced for 2019

In 2017, HUD introduced a new security requirement for TRACS users requiring TRACS Coordinators to certify each TRACS User annually. This certification ensures that each user can continue to send TRACS files and receive TRACS messages. … [Read more...] about Mandatory TRACS User Certification Deadline Approaching

On September 26, Senate Banking Committee member, Elizabeth Warren, D-MA, introduced the American Housing and Economic Mobility Act of 2018. … [Read more...] about Senator Warren Introduces Affordable Housing Bill

On September 18, the Government Accountability Office (GAO) released its report – “Low-Income Housing Tax Credit: Improved Data and Oversight Would Strengthen Cost Assessment and Fraud Risk Management” – on the costs of developing LIHTC properties. … [Read more...] about GAO Releases Report on LIHTC Development Costs