LIHTC Guide
Aug 12, 2012
A. J. Johnson Consulting Services will begin offering a new service in January 2013. This service will be conducting pre-MOR reviews for properties with project-based Section 8 assistance. Those pro...
Aug 11, 2012
The IRS has published a proposed regulation that will amend the IRS utility allowance regulation 1.42-10. This regulation outlines requirements relative to utility allowances on low-income housing tax...
Jul 23, 2012
Cost segregation is the process of examining all the physical components of a property and classifying them based on their life expectancy for tax purposes. A major tax court case (AmeriSouth v. Commi...
Jul 1, 2012
Must a Tax Credit Unit be a Tenant s Only Residence? I get asked the question above fairly often, and I always reply, "yes," without ever providing a regulatory or statutory source for that...
Jun 30, 2012
On June 11, 2012, HUD published Notice H 2012-11, which clarifies and supercedes Notice H 2009-11. The Notice reiterates the responsibilities of owners and agents of HUD-assisted properties relative t...
Jun 23, 2012
In Tracey v. Solesky, No. 53, September Term 2012,the Maryland Court of Appeals has determined that showing that the owner of a dog or the landlord of a property knew that a dog is at least part pit b...
Jun 4, 2012
On May 15, 2012, HUD published a Proposed Rule on the implementation of the HERA 2008 changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs. The proposed rule may ...
May 29, 2012
HUD announced today that an agreement has been reached with a condo association in Puerto Rico with the settlement amount valued at $1 million. Isleta Marina, a two-tower, 360 unit development was al...