Four new types of income will no longer impact eligibility calculations.
Specific sources of income are excluded by federal statute from consideration as income for purposes of determining eligibility for or benefits in a HUD program. On Jan. 31, HUD...
Income limit increases to be capped at 10 percent.
On Jan. 10, HUD published a notice on changes the agency is intending to implement to the methodology used for calculating Section 8 income limits. HUD publishes these income limits each year based on changes to each...
Severe weather is in the forecast. Is your site prepared?
Increasingly frequent and severe weather events pose a growing threat to federally assisted housing and its residents. Extreme weather events can lead to flooding, power loss, property damage,...
We give you answers to four frequently asked questions.
Fentanyl and other opioids are fueling the worst drug crisis in the history of the United States. According to CDC drug overdose data, drug overdose deaths in the U.S., driven by illicit fentanyl and...
We review how to anticipate 2024 income with deductions for business or medical use of a car.
The IRS recently issued Notice 24-08, which contains the 2024 standard mileage rates used to calculate the deductible costs of operating an automobile for business,...
A new HUD memo outlines required and alternative MOR procedures.
HUD’s Office of Multifamily Housing recently issued a memo announcing the reinstatement of in-person Management and Occupancy Reviews (MORs) conducted by Project Based Contract...
Prepare for how these annual changes will affect income certifications.
The Housing Opportunity Through Modernization Act (HOTMA) Final Rule requires that certain amounts used to make income, asset, and eligibility determinations be adjusted by an...
HUD’s Real Estate Assessment Center has published a new checklist that PHAs administering HUD’s Section 8 voucher programs can use to conduct the new National Standards for Physical Inspection of Real Estate (NSPIRE) inspection. This new inspection protocol focuses on the health and...
The Social Security Administration (SSA) recently announced that the Social Security and Supplemental Security Income (SSI) benefits for approximately 71 million Americans will increase 3.2 percent in 2024. The cost-of-living adjustment (COLA) will begin with benefits payable to more than 66...
But any PHA that’s ready to implement NSPIRE should do so at its earliest convenience.
On Sept. 27, HUD released a notice under public inspection that extends the compliance period under the National Standards for the Physical Inspection of Real Estate (NSPIRE) final...