What's trending in Affordable Housing



November 07, 2016

Author(s): Anthony D. Ruvolo, Jeffrey W. Sacks, Stephen J. Wallace

HUD publishes notice implementing LIHPRHA distribution changes; HUD publishes proposed enhanced voucher rule; Massachusetts celebrates 30 years of LIHTC program. Here’s what’s trending in affordable housing.

HUD

HUD publishes notice implementing LIHPRHA distribution changes

Last week, HUD issued a Notice implementing changes that allow owners of LIHPRHA developments to access residual receipts and eliminate limitations on distributions. Read to learn more about the Notice and the procedures and requirements owners must follow in order to receive an amended LIHPRHA Use Agreement.—Stephen J. Wallace

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HUD publishes proposed enhanced voucher rule

HUD has published for the first time proposed regulations that would apply to enhanced vouchers that are provided after certain prepayments and opt outs.—Anthony D. Ruvolo

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Low-Income Housing Tax Credit

Massachusetts celebrates 30 years of the Low-Income Housing Tax Credit Program

A recap of the Massachusetts Department of Housing and Community Development celebration of the 30th anniversary of the Low-Income Housing Tax Credit Program.—Jeffrey W. Sacks

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Upcoming Events

Boston Affordable Housing + Community Development Update

Location: Nixon Peabody LLP | Boston, MA

Date: November 10, 2016

Speakers: Paul Bouton, Steve Wallace, Rick Goldstein, Monica Sussman, Nate Bernard, Jeff Sacks

Topics include: Post-election outlook, policy developments on Capitol Hill and at HUD, current issues in the low-income housing tax credit and historic rehabilitation tax credit, Massachusetts affordable housing issues.

Webinar: Who’s in Charge Here? How Fair Housing Laws Will Shape Rental Housing Policies after the Mass SJC’s Burbank Tenants Assn. Decision and the U.S. Supreme Court’s Decision in Inclusive Communities

Location: Online webinar

Date: November 17, 2016

Speaker: Harry Kelly

Topics include: What must an owner do to avoid claims for unintentional discrimination under the Fair Housing Act? Can the Fair Housing Act compel an owner to renew a Section 8 contract to avoid potential harm to minority tenants who receive rental assistance? These are the questions addressed in the recent decision of the Massachusetts Supreme Judicial Court in its Burbank Tenants Assn. decision. The webinar will discuss that decision, the theories of discrimination it raised, how the SJC resolved those issues (including its application of the U.S. Supreme Court’s recent disparate impact decision in Inclusive Communities), the decision’s practical implications for owners and how other courts have addressed similar disparate impact issues.

NP Webinar: How to submit 2530s under the new regulations

Location: Online webinar

Date: November 29, 2016

Speakers: Tatiana Gutierrez, Monica Sussman, Richard Price

Topics include: This panel will discuss the new rule, guidance and informal interpretations that will become increasingly important on how the new rule is implemented.

The foregoing has been prepared for the general information of clients and friends of the firm. It is not meant to provide legal advice with respect to any specific matter and should not be acted upon without professional counsel. If you have any questions or require any further information regarding these or other related matters, please contact your regular Nixon Peabody LLP representative. This material may be considered advertising under certain rules of professional conduct.

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