Recent News
The Novogradac Rent & Income Limit Calculator© has been updated in beta version to include the fiscal year 2018 rent and income limit data released March 30. The Novogradac Rent & Income Limit Calculator© will calculate IRC Section 42(i)(3)(A) low-income housing tax credit rent and income limits for every county and for every metropolitan statistical area in the United States.
The U.S. Department of Housing and Urban Development (HUD) and the Justice Department yesterday announced an initiative to increase awareness and reporting of sexual harassment in housing. The three-pronged approach includes an outreach toolkit, a public awareness campaign and an interagency task force between HUD and the Justice Department.
The U.S. Department of Housing and Urban Development today awarded $28 billion in long-term disaster recovery aid to nine states, Puerto Rico and the U.S. Virgin Islands through the Community Development Block Grant Disaster Recovery (CDBG-DR) program. The CDBG-DR grants will address housing, business and infrastructure damage from the series of 2017 major hurricanes–Harvey, Irma and Maria–and other major disasters since 2015.
The U.S. Department of Housing and Urban Development (HUD) today announced the monthly per-unit administrative fee rates for 2018 for housing agencies that administer the housing choice voucher, five-year mainstream and moderate rehabilitation programs, including single-room occupancy. There are two fee rates for each public housing authority, one for the first 7,200 units leased in 2018, and the other for the remaining voucher units. The rates were effective Jan.
The U.S. Department of Housing and Urban Development today released income limits for fiscal year 2018 (FY 2018). The limits are used to determine income eligibility for HUD-assisted housing programs, including public housing, Section 8, Section 202 and Section 811, as well as what HUD calls Multifamily Tax Subsidy Program (MTSP), which includes low-income housing tax credit (LIHTC) properties. For FY 2018, the national median income increased by 5.75 percent.
Recent Updates
April 13, 2018 10:26am
