Elizabeth L. Moreland, NCP-E, SCS, HCCP, SHCM, FHC Last month, the IRS published two publications – Revenue Ruling 2016-29 and IRS Notice 2016-77 – addressing compliance with local fair housing rules as it pertains to Housing Credit developments and, more specifically, … [Read more...] about IRS Issues 2 Publications Addressing Fair Housing Rules & QAPs
Archives for June 2017
HUD Issues VAWA 2013 Final Implementation Rule
HUD published its final rule for implementing the Violence Against Women’s Reauthorization Act of 2013 (VAWA 2013) that protects victims of domestic violence in HUD and other covered programs. This very detailed rule includes the following: Continuation of the Core … [Read more...] about HUD Issues VAWA 2013 Final Implementation Rule
HUD Provides Guidance and Final Rules on 3 Important Fair Housing Issues
Elizabeth L. Moreland, NCP-E, SCS, HCCP, SHCM, FHC September was a very busy month for HUD as they begin tackling numerous issues on their fair housing agenda specifically Limited English Proficiency Guidance, quid pro quo & hostile environment harassment and equal … [Read more...] about HUD Provides Guidance and Final Rules on 3 Important Fair Housing Issues
Social Security COLA Increase for 2017 Announced
Elizabeth L. Moreland, NCP-E, SCS, HCCP, SHCM, FHC On October 18, 2016, the Social Security Administration announced that the nation’s nearly 66 million Social Security recipients will receive a 0.3% cost of living increase for 2017. This is up from last year, which saw no … [Read more...] about Social Security COLA Increase for 2017 Announced
Working With Disposed of Assets
Elizabeth L. Moreland, NCP-E If a Housing Credit applicant or resident has disposed of or given away any assets for less than fair market value, the asset must be counted towards the total household income calculation for two years from the date of disposal. That’s nice. But … [Read more...] about Working With Disposed of Assets