On Friday, October 24, the Social Security Administration (SSA) announced that the Cost-of-Living Adjustment (COLA) will be 2.8%, effective January 1, 2026. This year’s adjustment is a touch higher than 2025’s 2.5% increase, but 0.4% less than the 2024 adjustment. The...
The Department of the Treasury/Internal Revenue Service published Final Regulations and Removal of Temporary Regulations regarding Section 42, Low-Income Housing Credit Average Income Test Procedures, to the Federal Register on September 30, 2025. The average income...
The U.S. Department of Housing and Urban Development (HUD) has released the inflation-adjusted values and the revised passbook rate for 2026. These adjustments are effective from January 1, 2026, and are essential for compliance with Sections 102 and 104 of the...
On Thursday, May 29, 2025, HUD announced that HOTMA implementation would be further delayed until January 1, 2026 for programs covered by the HUD Multifamily Housing (MFH) program. NCHM and others anticipated the delay, primarily due to the lack of infrastructure in...
One of the topics that has really made the eHotline “hot” lately is how to treat Medicare Advantage Supplemental Benefits spending cards. These cards are granted to many Medicare Advantage customers to help supplement their medical/disability-related needs. The money...
HOTMA implementation for HUD’s Community Planning and Development (CPD) programs has been a bit hazy since the publication of the HOTMA Final Rule in February of 2023. As we say farewell to 2024, HUD has cleared the air on two of the last lingering questions facing...
On December 13, 2024, HUD released its Final Rule regarding the provision of a 30-day notice for non-payment of rent prior to filing an eviction for select federally-subsidized projects. This rulemaking stems back to March of 2020 when the CARES Act instituted a...
On Friday, December 6th, HUD released a new HOTMA Frequently Asked Questions (FAQ) document for stakeholders in the Multifamily Housing Program. The publication provides a bit more insight into how to comply with HOTMA during this transitional period. One of the...
On September 17, 2024, Executive Directors of Public Housing Agencies (PHA) received word that the Housing Information Portal (HIP) would not be ready to accept submissions by the January 1, 2025 deadline imposed by PIH. The following day, an additional memo...
Under the new imputing rules prescribed by HOTMA, applicants and tenants of affordable housing programs will have to keep even better track of their disposed assets going forward. In nearly all income-based housing projects, there are rules designed to prevent people...
