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Property Compliance News Briefs - March 2010

On January 12, the National Multi Housing Council (NMHC) issued guidance to help apartment managers understand their responsibilities relating to the 2010 Census. NMHC says that apartment firms can expect Census enumerators to visit their communities in an effort to get residents who have not responded by the April 1 deadline to complete the form. The group reminds managers that participation in the Census is required by law, and advises them to provide Census enumerators with reasonable access to requested individual apartments. A copy of the guidance is available online at www.nmhc.org/goto/5555.

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On January 1, Florida changed to a calendar-year basis its annual owner certification reporting period for low-income housing tax credit (LIHTC) developments. AOC-1 is the proper form for compiling the report. The beginning date of the transition AOC-1 will vary according to the ending date of the most recent prior AOC-1. The end of the reporting period for all developments was December 31 and all AOC-1 reports are due by April 30. Owners who previously submitted the AOC-1 on a calendar-year basis and those who submitted an AOC-1 according to the previous reporting schedule are not required to submit another report on April 30. Owners are required to submit AOC-1 certificates beginning with the carryover allocation (or initial occupancy if LIHTCs are allocated in conjunction with tax-exempt bond financing) and thereafter on an annual basis throughout the compliance period.

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The U.S. Department of Housing and Urban Development (HUD) awarded $26.3 million in January to 98 fair housing organizations and other not-for-profit agencies to assist people who believe they have been victims of housing discrimination. Of the $26.3 million, HUD awarded $21.1 million in Private Enforcement Initiative (PEI) grants to help groups investigate alleged housing discrimination and enforce the Fair Housing Act; $3.1 million in Education and Outreach Initiative (EOI) grants to groups that educate the public and housing providers about their rights and obligations under fair housing laws; and $2.1 million in Fair Housing Organizations Initiative (FHOI) grants to groups that serve rural and immigrant populations in areas where there is no existing fair housing organization or where they are otherwise underserved. Funded through HUD’s Fair Housing Initiatives Program (FHIP), the awards include an additional $3 million provided to eight groups to conduct enforcement, education and outreach activities that will address lending discrimination. Go to www.hud.gov for a list of all grant recipients.

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Kentucky Housing Corporation (KHC) announced last month that it has received 2,100 applications since reopening the waiting list for the Section 8 tenant-based rental assistance (TBRA) program in January. KHC administers the program in 87 counties and closed the list in 2008 when high demand for rental housing assistance pushed the waiting period beyond two years. Staff members are processing the applications in the order in which they are received. KHC offices are also receiving a high volume of applicant telephone calls. More information about KHC’s programs is available at www.kyhousing.org.

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The Colorado Housing and Finance Authority (CHFA) is assisting the U.S. Census Bureau in its efforts to conduct the 2010 Census fairly and accurately by sharing information about the 2010 count. CHFA is encouraging other Colorado companies and organizations to join it in sharing this information with staff and customers as a means to achieve a complete count and thereby increase the amount of funding Colorado receives for housing and other programs. The 2010 Census data will affect how more than $4 trillion is allocated to local, state and tribal governments. Contact Patricia Rodriguez, census partnership specialist, at 720-533-4184 or e-mail [email protected] to learn how to become more involved in this year’s count, or visit www.2010census.gov.

Journal Category:

Property Compliance

Authors:

Novogradac

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