by Audra Garrison | Nov 22, 2022 | LIHTC News
The Internal Revenue Service (IRS) issued Revenue Ruling 2022-22, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt...
by Audra Garrison | Nov 17, 2022 | Industry News
HUD Seeks Feedback on Section 811 and Section 202 RAD Conversions The Consolidated Appropriations Act, 2022 authorized the conversion of properties assisted under Section 811 through RAD. To implement this new conversion option, HUD is planning to amend Section...
by Audra Garrison | Nov 17, 2022 | NAHMA News
The latest NAHMAnalysis providing an Update to the Housing Supply Action Plan, is now available. This NAHMAnalysis examines the progress made towards implementing the Housing Supply Action Plan, a set of President Biden’s administrative and legislative priorities...
by Audra Garrison | Nov 17, 2022 | Industry News
Please find the Readout of White House Meeting on Tenant Protections and Rental Affordability. White House staff also shared two reports released by the Consumer Financial Protection Bureau (CFPB). Per staff, “These reports represent the kind of research the...
by Audra Garrison | Nov 17, 2022 | Industry News
As stated in the Notice, HUD seeks public input on two (2) proposed technical changes to its OCAF calculation method: Vintage of data. To calculate the inflation factor for each of the nine cost components that comprise the OCAF, HUD uses year-over-year data,...
