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2023 Income Limits Published

2023 Income Limits Published

by Jennifer Robinson | May 17, 2023 | Breaking News, Compliance, Tax Credits

One of HUD’s key tools in ensuring affordable housing options for low-income individuals and families is the establishment of income limits. In years past, HUD has released income limits sometime between late March and early April with the stated goal of having...
Average Income Test Final Rule Released October 2022

Average Income Test Final Rule Released October 2022

by Jennifer Robinson | Oct 11, 2022 | Breaking News, Tax Credits

The Internal Revenue Service (IRS) has released the long-awaited Final and Temporary Regulations on the Average Income Test Minimum Set-Aside for Low-Income Housing Tax Credit (LIHTC) properties. The announcement came on Friday, October 7, 2022, and will be published...

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