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HUD recently issued Notice H2023-10 that provides guidance to multifamily housing owners regarding the implementation of the many program changes brought about by the Housing Opportunity Through Modernization Act of 2016 (HOTMA). The recent notice makes implementation changes for sections 102 and 104 of HOTMA that were detailed in the final rule published by HUD in the Federal Register on Feb. 14, 2023. It’s important to note that the IRS intends to follow the HOT...

The case shows how mishandling situations involving assistance animals could cost you.

HUD recently charged an owner with violating the Fair Housing Act by refusing a resident’s request for a disability-related reasonable accommodation to keep an assistance animal and by subjecting the resident to retaliation for requesting a reasonable accommodation.

If you don’t, the IRS may cite you for noncompliance, and the owner may lose its tax credits.

After seven years of working towards consolidating, updating, and improving the Housing Quality Standards (HQS) and the Uniform Physical Condition Standards (UPCS) to implement a single inspection protocol for HUD-assisted units, HUD recently published the final rule for the Physical Inspection of Real Estate (NSPIRE) in the Federal Register. The rule proposes a new approach to defining and assessing housing quality and reduces regulatory burden. According to HUD, the p...

Unless the IRS states otherwise, as of Oct. 1, the inspection standards for monitoring will become NSPIRE.

The spring season’s warm weather and rainy days may motivate you to conduct a thorough spring cleaning of your office files. But before you clean out your file cabinets or declutter your computer files, it’s important to review the LIHTC program’s recordkeeping and retention rules first.

HUD’s Office of Fair Housing and Equal Opportunity recently published a fact sheet to educate housing providers and persons with disabilities who seek reasonable accommodations related to assistance animals. The fact sheet can be found at https://files.hudexchange.info/resources/documents/Assistance-Animals-and-Fair-H...

When complying with the tax credit law, you must follow different rules depending on which of the five types of tax credit units you’re dealing with. But tax credit managers often get confused about which rules apply to which type of unit, or even about how each unit type differs. If this happens to you, you may get tripped up in your compliance efforts. And dealing with different unit types incorrectly could put some or even all of the owner’s tax credits a...

In an announcement made in early October, the Biden administration announced key progress on implementing its Housing Supply Action Plan. The plan aims to create and preserve hundreds of thousands of affordable housing units in the next three years and help close the country’s critical housing supply shortfall within five years. It features a combination of legislative, regulatory, and administrative steps to expand affordable housing and encourage the constructio...

Federal fair housing law bans owners and managers from discriminating against prospects and residents based on race, color, national origin, religion, sex, disability, and familial status. But most states and many municipalities have fair housing laws that ban owners and managers from discriminating against prospects and residents for other reasons. For example, Illinois bans discrimination based on age, marital status, ancestry, and military status or dishonorable disc...