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What to know about HOTMA's new income limits

Posted by Samantha Sowards on Aug 7, 2018 1:00:00 PM

On July 26, 2018, HUD published Housing Opportunity Through Modernization Act of 2016: Final Implementation of Public Housing Income Limits in the Federal Register, which placed an income limitation on public housing tenancy. The rule requires that after a family’s income has exceeded 120 percent of area median income (AMI), or a different limitation established by the Secretary based on local housing costs, for two consecutive years, the PHA must either:

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Topics: Books and Revision Services, HOTMA, Income Limits, Over-Income Families, PIH notices

HUD Issues Guidance on New PH Income Limit

Posted by Annie Stevenson on Jul 26, 2018 12:14:24 PM

Today in the Federal Register, HUD’s Office of Public and Indian Housing (PIH) published a notice titled “Housing Opportunity Through Modernization Act of 2016: Final Implementation of Public Housing Income Limit.” The 5-page notice’s “applicable date” is September 24, 2018.

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Topics: Books and Revision Services, HOTMA, Income Limits, Over-Income Families, PIH notices

What you need to know about Section 3: Part I

Posted by BEMuser on Sep 9, 2014 12:23:50 PM

Section 3 of the Housing and Urban Development Act of 1968 requires recipients of HUD funding to create job training, employment, and contract opportunities for low- and very low-income individuals. When you think of HUD funding, it's probably subsidized housing that comes to mind. However, HUD also provides financial assistance to community centers, libraries, parks, and local road improvement, among other things.

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Topics: Fair Housing, Income Limits, Section 3

How to Avoid Noncompliance: Low-Income Housing Tax Credits (LIHTC) and Hot Topics from IRS Newsletters

Posted by BEMuser on Aug 5, 2014 9:48:01 AM

Trainer and consultant Samantha Pratter has been a part of the NMA team since 2008. As NMA’s writing supervisor, Samantha oversees publications from concept and creation through the ongoing revision process, including NMA Master Books, model policies, course books, and handbooks. She recently wrote for the NMA blog about the key differences between the project-based voucher (PBV) program and the (HCV) housing choice voucher program.

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Topics: Blended Occupancy, Income Limits, LIHTC, The Housing Conference, Utilities

How to Avoid Noncompliance: Blended Occupancy

Posted by BEMuser on Jul 1, 2014 11:06:53 AM

Sheryl Putnam NMA professional development manager Sheryl Putnam will be presenting a session on blended occupancy at this year’s NMA Housing Conference

As NMA's professional development manager, Sheryl Putnam spearheaded the development of our new Blended Occupancy Management and Fundamentals of Low-Income Housing Tax Credit (LIHTC) Management certification seminars. Prior to joining Nan McKay and Associates in 2011, she managed the compliance department for a state housing finance agency, providing compliance oversight activities for the LIHTC, PBRA, and HOME programs. Sheryl recently wrote a series for the NMA blog about blended occupancy projects and will be presenting the following session at the 2014 NMA and GoSection8 Housing Conference.

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Topics: Blended Occupancy, Income Limits, LIHTC, Mixed Financing, The Housing Conference, Utilities

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