Meet The “Founders” of COS

Meet The “Founders” of COS

If you hold a Certified Occupancy Specialist (COS) designation you might wonder where it all began. Even if you have never wondered, it is still an interesting story. Back in the early days of federally assisted rental housing the rules were not nearly as complicated...
NCHM Launches Verified Employer Registry

NCHM Launches Verified Employer Registry

After nearly 50 years of existence, most housing professionals, particularly those in the affordable housing world, know the National Center for Housing Management as the leading organization for training and certification. While the Presidential Executive Order that...
Determining HUD’s Imputed Interest Rate

Determining HUD’s Imputed Interest Rate

When projecting Annual Income to determine eligibility and tenant rent for the HUD affordable housing programs, PHAs and Owner/Agents must consider imputed income from the assets when the combined total of all family assets exceeds $5,000. The rule states: When net...
Section 8 vs. Section 42

Section 8 vs. Section 42

Section 8? Section 42? Section 202 with Section 8? Section 236? These are the short-hand descriptors commonly used in referring to the affordable housing programs in the US. With so many numbers, it can be hard to keep track of what they all mean! The most ubiquitous...
IRS Form 8823 and the 8823 Guide

IRS Form 8823 and the 8823 Guide

For those unfamiliar with the Low-Income Housing Tax Credit Program (LIHTC), the number 8823 may have no particular meaning.  However, if you are involved in the development, ownership or management of properties utilizing this federal affordable housing program then...