Sign Up For Novogradac Industry Alert Emails

HUD Publishes Notice Extending Compliance Dates for Certain HOTMA Provisions

Wednesday, February 28, 2024 - 2:47PM

The U.S. Department of Housing and Urban Development (HUD) published a notice today to extend the compliance date for multifamily affordable housing property owners to update their tenant selection plan and enterprise income verification policies and procedures. Notice H 2024-04 extends the date for compliance for those actions from March 31 to May 31. Both actions are required under provisions of the Housing Opportunity Through Modernization Act (HOTMA). 

The Feb. 6 episode of the Tax Credit Tuesday podcast addresses what property owners and managers need to know about HOTMA changes that took effect this year.

Learn more about Novogradac's expertise and many services