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Home » Topics » Tax Credit Housing Management Insider » In the News

In the News
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2011 Population Estimates for Housing Tax Credits and Bond Caps

May 12, 2011

The IRS recently released its 2011 calendar-year resident population estimates. These estimates are used to determine the size of the tax credit pie that state housing finance agencies can distribute to low-income housing projects.


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'Operation Double Dip' Uncovers $300K in Housing Fraud in Florida

May 12, 2011

Twelve people (including 11 residents and one site owner) were charged with defrauding HUD and the Miami-Dade Housing Agency (MDHA) of more than $300,000 in rental assistance funds. They have been indicted on charges that include public assistance fraud, organized scheme to defraud, grand theft, identity theft, and conspiracy.

Known as “Operation Double-Dip,” this aggressive fraud and abuse investigation was conducted by the Office of the Inspector Gen...

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May Is Asthma Awareness Month

Apr 10, 2011

Each May, the U.S. Environmental Protection Agency (EPA) kicks off its efforts to promote Asthma Awareness Month. Asthma is a serious, potentially life-threatening respiratory disease that affects the quality of life for 23 million Americans, including 7 million children. EPA's goal is to reduce exposure to indoor asthma triggers and improve the quality of life for 6.5 million people by 2012.


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HUD Releases Proposed 2012 Budget

Mar 12, 2011

HUD recently unveiled its fiscal year 2012 budget proposal. Titled “Creating Strong, Sustainable, Inclusive Communities and Quality Affordable Homes,” the budget aims to lead the country out of the economic crisis, in part, by helping responsible families at risk of losing their homes and meeting the need for quality affordable housing.


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HUD Report Paints Bleak Picture for 'Worst-Case' Housing Needs

Mar 12, 2011

A recently released report by HUD has found dramatic increases in worst-case housing needs across demographic groups, household types, and regions. HUD defines “worst-case needs” as very low-income families who do not receive housing assistance and who pay more than half of their monthly income for rent, or live in severely substandard housing.


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Arizona Considers Bedbug Bill

Mar 12, 2011

The severity of the bedbug epidemic has lawmakers in Arizona considering a bill that proposes shared responsibilities for property owners and residents in the prevention and management of bedbugs in multifamily housing. Under the proposed bill, property owners will be responsible for:


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HUD FY2012 Budget Includes Two LIHTC Proposals

Feb 17, 2011

HUD Seeks Ban on Discrimination Based on Sexual Orientation

Feb 3, 2011

HUD has proposed new regulations to ensure that its housing programs are open to all eligible persons, regardless of sexual orientation or gender identity. Recent studies suggest that lesbian, gay, bisexual, and transgender (LGBT) individuals and families do not have equal access to housing. For example, a 2007 report by Michigan's Fair Housing Centers found that nearly 30 percent of same-sex couples were treated differently when attempting to buy or rent a home.


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HUD Launches Web Site for Economic and Housing Data

Jan 12, 2011

HUD recently launched a Web site that consolidates a wide variety of economic and housing market data at the regional, state, metropolitan area, and county levels. The Web site draws on data from the Census Bureau, Labor Department, state and local governments, housing industry sources, as well as HUD's field economists, to populate interactive maps that allow site managers and staff to access a variety of reports—from a region-wide look at employment and hous...

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Exclude Temp Income from Census Bureau

Dec 17, 2010

Residents who receive temporary employment payments by the U.S. Census Bureau will be allowed to exclude that income through Sept. 30, 2011, according to HUD Notice PIH-2010-38 (HA). The notice applies to residents of public housing, Section 8 moderate rehabilitation, Housing Choice Voucher, and Section 8 project-based voucher and certificate programs.


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