Use of Marijuana in Multifamily Assisted Properties
On December 29, 2014, HUD released a memo to the industry to provide clarification to these owners. In the memo, HUD reiterated that despite any changes to state laws, use of “medical marijuana” is il ...
HUD Issues Notice 2014-16 Regarding Waiting List Administration
On November 28, 2014, HUD published Housing Notice 2014-16 Waiting List Administration to provide guidance on the administration of waiting lists for Multifamily Housing properties. Topics discussed i ...
PMCS Launches Webinar Instruction!
The average housing professional incurs $2,000 in out-of-pocket expenses to attend training sessions each year. With travel, they can lose 3 days from the office for every 1 day of training. Are you l ...
HUD clarifies guidance pertaining to new passbook rate effective February 1, 2015
On November 7, 2014, we notified you that HUD issued a new passbook savings rate of 0.06% to be effective February 1, 2015. HUD issued a RHIIP Listserv on Friday, November 14, 2014 that clarified HUD’ ...
Q&A: Eviction For Drug Related Criminal Activity
Question: An applicant was evicted from another assisted program for drug related criminal activity last year, but he/she has since completed a drug rehabilitation program. Do I have to reject his app ...
HUD Implements New Passbook Rate
On October 31, 2014, HUD issued a new HUD Notice, Housing Notice 2014-15 “Passbook Savings Rate Effective February 1, 2015 and Establishing Future Passbook Savings Rates”. Currently, the HUD passbook ...
Q&A: HUD Form 9887/A
Question: An applicant household is moving in next week. They signed HUD Form 9887/A when they completed their application ten months ago. Do I have to have them sign a new HUD Form 9887/A when they m ...
SSA Announces the 2015 COLA Increase
On October 22, 2014, the Social Security Administration announced that the cost of living adjustment for 2015 benefits will be 1.7%.
State Level Administration of State Supplementary Payments
There has been a recent change in the administration of state level SSP payments that you must be aware of as it directly impacts verification procedures owners in some states must now follow for SSI ...