We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
The National Low Income Housing Coalition (NLIHC) recently released its annual report, Out of Reach. It documents the gap between wages and the cost of rental housing across the United States. According to the findings, even with the recent wage growth for the lowest-paid workers, there is still nowhere in the country where someone working a full-time minimum wage job could afford to rent a modest two-bedroom apartment.
According to a recent report issued by the North Carolina Housing Finance Agency, the LIHTC has created $75 billion in property value, $923 million in tax revenue, and 137,000 jobs in North Carolina over the history of the program. The LIHTC has financed 83,000 apartments in the state, including 35,600 in rural areas.
HUD Secretary Ben Carson recently announced the “Protect Our Kids!” Campaign, a Department-wide enforcement effort to protect young children from lead poisoning in older housing. The campaign aims to get landlords and sellers of older homes to fulfill responsibilities to disclose lead-based hazards in their properties, while also working to ensure that all federally assisted homes are lead-safe. Lead is a highly toxic metal that can cause a range of health p...
Following the authorization from the 2018 omnibus spending bill passed earlier this year for the “income-averaging” option for minimum set-aside elections in the LIHTC program, the IRS has published a revised Form 8609. Form 8609 is used for Low-Income Housing Credit Allocation and Certification and now includes the income-averaging option. The IRS instructions for the form have yet to be updated.
The city of Philadelphia's Task Force on Eviction Prevention and Response recently released a draft report outlining 17 recommendations for eviction prevention and the provision of additional legal aid for tenants.
The Department of the Treasury and Internal Revenue Service (IRS) recently published Notice 2018-43 soliciting public comment on recommendations for items that the Treasury/IRS should include in its 2018–2019 Priority Guidance Plan. The Priority Guidance Plan identifies guidance projects that the Treasury and IRS intend to work on during the period from July 1, 2018 to June 30, 2019.
In reviewing recommendations and selecting projects for inclusion on the 20...
A recent report entitled “Low-Income Families with Children Face Affordability/Unit Size/Neighborhood Opportunity Tradeoff in Housing Search,” issued by Brandeis University’s School of Social Policy and Management, looked at the siting of lower-cost rental housing homes that can accommodate large families in relation to neighborhood opportunity. The report found that lower-cost, large units, defined as units with three or more bedrooms, are disproporti...
HUD and the Department of Justice (DOJ) recently announced the nationwide rollout of an initiative aimed at increasing awareness and reporting of sexual harassment in housing. The announcement includes an interagency task force between the HUD and the DOJ to combat sexual harassment in housing, an outreach toolkit, and a public awareness campaign.
The Eviction Lab at Princeton University recently released the first national database of court eviction records in the United States. The Eviction Lab is a team of researchers, students, and website architects who believe that a stable, affordable home is central to human flourishing and economic mobility. It’s led by Matthew Desmond, the author of the Pulitzer-prize winning book, Evicted: Poverty and Profit in the American City, which raised awareness a...
RSS