by Audra Garrison | Nov 9, 2023 | HUD News
Required & Alternative Management and Occupancy Review (MOR) Procedures for Performance Based Contract Administrators (PBCAs) Guidance Memo Multifamily Owners and Agents, The Office of Asset Management and Portfolio Oversight published a memo on October 20, 2023,...
by Audra Garrison | Nov 9, 2023 | Industry News
The 2016 Housing Opportunity Through Modernization Act (HOTMA) imposes new asset limits for some residents of some HUD housing. Changes to HUD’s interpretation of HOTMA and a delay in HUD’s HOTMA implementation have led to confusion about the new asset limits. This...
by Audra Garrison | Nov 6, 2023 | MAHMA News
Each year MAHMA awards three $1,000 scholarships to individuals residing in a MAHMA member community or an employee who is continuing their education. Scholarships are awarded for the 2024-2025 academic year. Applications must be postmarked by May 31, 2024....
by Audra Garrison | Nov 2, 2023 | Industry News
Proposed Rule – Updates to Multifamily Housing Insurance Requirements The Rural Housing Service (RHS) Office of Multifamily Housing (MFH) published a proposed rule on Wednesday, October 25, 2023 (Federal Register Vol. 88 No. 205) to update current...
by Audra Garrison | Nov 2, 2023 | LIHTC News
The National Council of State Housing Agencies (NCSHA) today released the seventh edition of NCSHA’s Recommended Practices in Housing Credit Administration, consensus standards that guide each state’s administration of the federal Low Income Housing Tax Credit...