Property Compliance News Briefs - March 2011

Tuesday, March 1, 2011

The National Affordable Housing Management Association (NAHMA) has announced the winners of its 2010 communities of quality (COQ) and industry awards. The COQ awards recognize affordable multifamily developments for their exceptional management, resident quality of life, level of resident involvement in the community, and collaboration with other organizations that benefits both residents and the larger community. The six COQ award recipients are: Interstate Realty Management Company's Park Spring Apartments in Spring City, Pa., for exemplary family development; Walton Rehabilitation Health Systems' Walton Manor in Augusta, Ga., for exemplary development for persons with special needs; First Realty Management Company's The Meadows in North Smithfield, R.I., for exemplary development for the elderly; WinnResidential's Andrews Terrace Apartments in Rochester, N.Y. and Paragon Management Inc.'s Delaware Manor in Grand Rapids, Mich., which tied for outstanding turnaround of a troubled property; and National Church Residences' The Commons at Grant in Columbus, Ohio, for exemplary single-room occupancy. This year's industry awardees include James Henderson Jr. and Allan B. Pintner, for industry statesman; Christopher White, for industry achievement; and Rose Guerrero, for industry partner. NAHMA will present the awards at its winter meeting in Washington, D.C. in March. A complete list of award recipients is available online at www.nahma.org.

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The Arizona Department of Housing (ADOH) announced that property managers and owners must submit reports of continued low-income housing tax credit (LIHTC) compliance in hard copy and electronically for the 2010 calendar year. ADOH said it created the LIHTC Annual Report Workbook in an Excel™ format in a move toward an automated system and to comply with federal reporting requirement changes. ADOH also announced that it had added a new section for mixed-income properties called the special commitments report. The entire workbook must be downloaded, completed and submitted to ADOH in hard copy and on a compact disc. Find more information and download the workbook at www.azhousing.gov.

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The Florida Housing Finance Corporation, for purposes of low-income housing tax credit (LIHTC) asset management, now defines a student as an individual who is a full-time attendee of an educational organization that maintains a regular facility and curriculum and has a regularly enrolled student body in attendance at the location where it conducts its educational activities. The student must attend the facility for at least five months during a calendar year. The official out-of-compliance date for a full-time student household is the first day of the fifth month in a calendar year in which students attended school full-time. However, Florida Housing says there will be no reportable noncompliance if the full-time student household moves out before the last day of the fifth month.

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Marlys McNeill joined Guardian Real Estate Services (GRES) as the firm's new portfolio manager. She will oversee an affordable housing portfolio in Oregon for Guardian Management LLC, a division of GRES. McNeill has 20 years of multifamily property experience, including expertise in state and federal compliance rules and regulations. She most recently served as the administrator of Oregon Housing and Community Services' asset property management division, where she worked with legislators on statewide housing issues. GRES said hiring McNeill was critical for the expansion of the firm, which recently broke ground on two affordable developments and expects to close seven rehabilitation projects in 2011.

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The U.S. Department of Housing and Urban Development (HUD) proposed new regulations to ensure that all persons can access its housing programs regardless of sexual orientation or gender identity. HUD is seeking comments on the new rule, which would prohibit owners and operators of HUD-assisted or insured housing from inquiring about the sexual orientation or gender identity of a housing applicant or occupant. The rule would also clarify that all otherwise eligible families – irrespective of sexual orientation or marital status – have the opportunity to participate in HUD's programs. View the proposed rule in the January 24 Federal Register or online at www.hud.gov.

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