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Industry News Categories

  • APPS (5)
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August 16, 2024 in Multifamily Housing News, Section 8

HUD Publishes Revised HAP Assignment Form

PMCS 0 Like Post Comments Off on HUD Publishes Revised HAP Assignment Form

On August 15, the Office of Multifamily Housing Programs, announced the availability of a standard form for the Assignment, Assumption, and Amendment of Section 8 Housing Assistance Payments Contracts ...

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August 14, 2024 in Funding/Grants, Multifamily Housing News

Nearly $140 Million Awarded to Expand Affordable Housing for People with Disabilities

PMCS 0 Like Post Comments Off on Nearly $140 Million Awarded to Expand Affordable Housing for People with Disabilities

Today, the U.S. Department of Housing and Urban Development awarded $138.5 million in grants for more than a dozen state housing agencies to expand the supply of housing and supportive services for lo ...

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August 12, 2024 in Certs/ 50059s (Including income/assets/expenses), HOTMA

2025 Inflationary Adjustments

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The 2025 Inflationary Adjustments have been posted here.Items to note:New Asset Threshold of $51,600New Asset Limitation of $103,200New Passbook Rate of 0.45%Deductions remain the sameApplicability: P ...

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July 15, 2024 in HUD Guidance, MORs

Clarification Memo Regarding Remote MORs Conducted by PBCAs

PMCS 0 Like Post Comments Off on Clarification Memo Regarding Remote MORs Conducted by PBCAs

On June 10, 2024, HUD issued this clarification memo regarding remote MORs conducted by PBCAs.  This updated guidance is effective with MORs scheduled on or after July 1, 2024. SUBJECT: Required &am ...

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July 8, 2024 in Miscellaneous

Fraudulent Section 8 Assistance Advertisements

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Fraudulent Section 8 assistance advertisements like the one above are appearing on social media sites in increasing numbers. These sites direct members of the public to a fraudulent website, which har ...

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May 30, 2024 in EIV, HOTMA

Reminder: HOTMA May 31 Deadline

PMCS 0 Like Post Comments Off on Reminder: HOTMA May 31 Deadline

Please be advised that MFH Owners’ Tenant Selection Plans (TSPs) and Enterprise Income Verification (EIV) Policies and Procedures must be updated and made publicly available by May 31, 2024, as stated ...

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April 18, 2024 in HOTMA, Multifamily Housing News

HUD Publishes Methodology for Annual Inflationary Adjustments Federal Register Notice

PMCS 0 Like Post Comments Off on HUD Publishes Methodology for Annual Inflationary Adjustments Federal Register Notice

Today, the Office of Multifamily Housing, Public and Indian Housing, and Community Planning and Development published a joint Federal Register notice on the Methodology for Annual Inflationary Adjustm ...

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April 10, 2024 in Multifamily Housing News

HUD Publishes Proposed Regulations to Reduce Barriers to HUD-Assisted Housing

PMCS 0 Like Post Comments Off on HUD Publishes Proposed Regulations to Reduce Barriers to HUD-Assisted Housing

On Tuesday, April 9, 2024, the Federal Register posted on public inspection a Notice of Proposed Rulemaking from U.S. Department of Housing and Urban Development (HUD) entitled, “Reducing Barriers to ...

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April 9, 2024 in Miscellaneous, Multifamily Housing News

Broadband Funding for California Properties

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California owners of publicly supported housing developments are now eligible for a state grant to offer affordable internet access to their residents, removing the financial barrier that keeps millio ...

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April 2, 2024 in Income Limits

2024 Income Limits

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On April 1, 2024, HUD released the 2024 Income limits. Owners/agents of properties participating in HUD’s Multifamily Housing Programs must utilize these 2024 income limits when processing Move-Ins an ...

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