Applying New Income Limits for LIHTC Properties

Applying New Income Limits for LIHTC Properties Since the last issue of this newsletter, the most exciting development in the LIHTC world is that HUD published the updated income limits for Multifamily Tax Subsidy Projects (MTSP) on December 18, 2013, along with the...

Employee Units at LIHTC Properties

Employee Units at LIHTC Properties Recently I received an eHotline question that read, “We are considering hiring a maintenance person who would live on site.  Are there specific regulations regarding staff living on site?”  Even though I thought I knew the answer I...

Child Support and Alimony for LIHTC

Child Support and Alimony for LIHTC I have received an onslaught of questions of late regarding child support and alimony as it pertains to income for the Low-Income Housing Tax Credit Program. Let me begin by saying that, though I am up to speed with the pertinent...

Effective Tenant Selection for LIHTC

Effective Tenant Selection for LIHTC This month I am looking forward to the National Council of State Housing Agency’s Housing Credit Connect conference, which will be held in one of my favorite cities, San Francisco.  While I hope to have a little time to see the...

Fair Housing Pointers for LIHTC

Fair Housing Pointers for LIHTC             Perusing over my archived HMU articles from the past few years, I found that usually, in the fair month of June, I write about highlights from the National Council of State Housing Agencies (NCSHA)’s annual Housing Credit...