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July 31, 2015 in Breaking News, TC (Tax Credit)

New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration

New GAO Report Points to Weaknesses in LIHTC Program Oversight and Recommends HUD Involvement in Administration On July 23, 2015, the Government Accountability Office (GAO) released a report that foc ...

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June 23, 2015 in Breaking News, Contract Renewals and Rent Increases, Funding/Grants, PRAC (Project Rental Assistance Contract), Residual Receipts

HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts

HUD Issues Memo to PRAC Owners to Remit Excess Residual Receipts On June 19, 2015, HUD issued a memorandum that impacts owners of Section 202 and 811 PRAC properties maintaining residual receipt acc ...

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