Property Compliance News Briefs - June 2013

Saturday, June 1, 2013

The U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) released notice HUD No. 13-055 in April. The document concerns new guidance on the “Design and Construction” requirements under the Fair Housing Act, specifically that multifamily housing be designed and constructed so that it is accessible to persons with disabilities. The new guidance creates an outline to help design professionals, developers and builders in understanding and meeting their requirements, and to assist persons with disabilities in understanding their rights regarding the “design and construction” requirements.

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The Office of the Assistant Secretary for Policy Development and Research and HUD in April released revised final fair market rents (FMRs) for certain areas. Updates to the FY 2013 FMRs are available for Cheyenne, Wyo., and Odessa, Texas, based on surveys conducted in September 2012, and for Burlington, Vt., Mountrail County, N.D., Ward County, N.D. and Williams County, N.D. based on surveys conducted in November 2012. The current FMRs are available at www.huduser.org.

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The National Multi Housing Council (NMHC) released its 2013 survey of the top 50 apartment owners and manager firms. The annual 2013 NMHC 50 rankings analysis includes information on portfolio trends, aggressive growth strategies and firms that shed units from their portfolios. Also listed are five companies that joined the NMHC 50. The complete rankings and detailed analysis are available at www.nmhc.org/2013NMHC50.

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The National Affordable Housing Management Association (NAHMA) announced in May that the submission deadline for entries for the 2013 Communities of Quality Awards program is Nov. 8, 2013. The Communities of Quality Awards recognize outstanding property management companies. In order to enter the 2013 Communities of Quality (COQ) Awards competition, a property must first apply for and achieve National Recognition as a NAHMA COQ with a minimum score of 325 points on its National Recognition Application. The deadline for submitting an application for National Recognition is Sept. 6. Award winners will be notified in early January 2014. Application information and submission materials are available at www.nahma.org.

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The Tennessee Housing Development Agency (THDA) announced requirement changes to its previously posted certified property management application and process. The document posted to the website and dated March 1, 2013 is no longer in effect. THDA stated that for those who previously turned in an application and have received an approval notice, the updated version can be disregarded. The revised document can be found at www.thda.org/.

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The California Tax Credit Allocation Committee (TCAC) posted a frequently asked questions (FAQ) for California Utility Allowance Calculator (CUAC) submissions. The April FAQ outlines sections related to the CUAC, including steps, rates, annual reviews, quality control review, building performance software issues and applicability. The FAQ is available at www.treasurer.ca.gov/ctcac/.

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AMCAL Housing and Skyline Innovations partnered to develop solar hot water systems for 11 multifamily properties in Los Angeles and San Diego. AMCAL, an affordable housing developer, secured a 10-year, 30 percent discount to its utility rate for solar hot water used by each building. Skyline Innovations, which finances, installs, monitors and maintains commercial-scale solar water heating systems, will provide maintenance and monitoring of each system for 10 years. The solar project is anticipated to provide hot water to more than 2,100 residents. The solar hot water systems are expected to generate roughly 45,000 therms of energy annually.

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