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...
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...
For ten months the staff and residents of Lutheran Manor of the Lehigh Valley in Bethlehem, Pennsylvania fought a remarkably successful battle against the Coronavirus. One hundred and ninety-six apartments, two hundred and four residents and not a single positive test...
On Wednesday, October 14, 2020, HUD’s Office of Multifamily Housing released an update to its COVID-19 Questions and Answers. The complete document can be found here. The following is a summary of the major changes and additions: CDC Eviction Moratorium The Office of...
NCHM is pleased to announce that Jennifer Robinson has joined the staff as Senior Associate, Housing Tax Credits. Jennifer brings more than 17 years of housing and training experience to the team, including the past 14 years as Director of Education and Training...
Key Takeaways Section 8 provides direct rental subsidies through HUD, while Section 42 (LIHTC) offers reduced rents funded by tax credits with no direct subsidy. Both programs aim to support affordable housing and use HUD income limits and guidelines, but differ...
Key Takeaways Form 8823 is the tool state agencies use to report LIHTC noncompliance to the IRS, guided by the IRS’s 8823 Handbook to ensure consistent interpretation of Section 42 rules. LIHTC owners are given a correction period of up to 90 days once noncompliance...
There are many different kinds of training related to programs offered by the US Department of Housing and Urban Development (HUD). The National Center for Housing Management (NCHM) offers training primarily geared to those who currently work for organizations...
Certified Occupancy Specialist (COS) is the most sought-after professional credential in the affordable housing industry. Many property management companies, governmental agencies, and other employers involved in affordable housing prefer and, often require, that...
Recently I was privileged to join a group of national housing leaders on a special HUD Stakeholder Conference Call with Vice President Mike Pence, Secretary Ben Carson and Assistant Secretary Brian Montgomery regarding HUD’s response to the coronavirus pandemic. All...
