What is Project-Based Section 8 Housing? Project-Based Section 8 housing is a form of federal rental assistance administered by the U.S. Department of Housing and Urban Development (HUD) where the subsidy is attached to specific housing units or properties rather than...
What Does a Property Manager Do? A property manager is a professional who takes care of the day-to-day operations of real estate. They typically act as the bridge between property owners and tenants, ensuring that rental units are occupied, maintained, and legally...
What Is Public Housing? Public housing is a form of government-assisted housing established to provide decent, safe, and affordable rental homes for eligible low-income families, senior citizens, and persons with disabilities. Managed by local Public Housing Agencies...
Defining the Low-Income Housing Tax Credit (LIHTC) Program The Low-Income Housing Tax Credit (LIHTC) is a federal program that provides tax incentives to private developers to encourage the construction or rehabilitation of affordable rental housing. Instead of a...
A New Era for Housing Inspections The U.S. Department of Housing and Urban Development, also known as HUD, carries the vital responsibility of ensuring that the nation’s affordable housing portfolio remains safe, sanitary, and in good repair. To maintain these...
What is a Tenant Selection Plan? A Tenant Selection Plan (TSP) is a formal, written document that details the specific policies and procedures a housing provider or Public Housing Authority (PHA) uses to select tenants for housing units. The Core Purpose It serves as...
What is Section 8 Housing? Section 8 is the common name for the Housing Choice Voucher (HCV) program, the federal government’s primary initiative for assisting low-income families, the elderly, and people with disabilities in securing decent, safe, and sanitary...
What is NSPIRE? NSPIRE (National Standards for the Physical Inspection of Real Estate) is HUD’s new physical inspection model replacing UPCS. It’s resident-centered and focused on health and safety, using objective, measurable standards and clear scoring to assess...
HUD has published long-awaited guidance on how NSPIRE applies to the HOME Investment Partnerships Program and the Housing Trust Fund. The notice explains how participating jurisdictions and grantees must update written property standards, inspection procedures, and...
Understanding EIV starts with knowing who it covers, what data it uses, and how to handle that data accurately and securely under HUD rules. What is the Enterprise Income Verification (EIV) System? The Enterprise Income Verification (EIV) system is a web-based...