Recent News
The U.S. Department of Housing and Urban Development (HUD) will publish in Wednesday’s Federal Register an advanced notice of proposed rulemaking seeking comment on possible amendments to HUD’s 2013 rule implementing the Fair Housing Act (FHA) disparate impact standard. The ruling seeks comments on whether any changes are appropriate following the Supreme Court’s 2015 ruling holding that disparate impact claims are cognizable under the FHA.
The U.S. Department of Housing and Urban Development in Tuesday’s Federal Register will publish a notice extending by one week the public comment deadline on the fiscal year 2018 renewal funding inflation factors (RFIFs) for the Section 8 housing assistance payments program.
The U.S. Department of Housing and Urban Development (HUD) will publish Tuesday in the Federal Register its $266 million in Housing Trust Fund 2018 allocations. HUD’s allocations go to all 50 states, plus the District of Columbia and five territories. State awards range from $36.6 million to California to the small-state minimum of $3 million to 24 states and the District of Columbia, with the territories receiving less.
The U.S. Department of Housing and Urban Development (HUD) will publish a notice in Monday’s Federal Register announcing a 2.1 percent increase in the base per-unit statutory mortgage limits for the Federal Housing Administration’s multifamily mortgage programs. The effective date is Jan. 1, 2018.
The Internal Revenue Service (IRS) published a newly revised Form 8609, providing the option to choose “average income” as a minimum set-aside election for low-income housing tax credit (LIHTC) properties. As of Thursday, the instructions for the form had not been updated. Neither has the IRS released a revision to IRS Form 8823, which is used to notify the IRS of noncompliance with LIHTC provisions or any building disposition.
Recent Updates
