What’s trending in Affordable Housing



November 04, 2018

NP Affordable Housing Blog

Author(s): Richard Michael Price

New HUD inspection guidance and new penalties, as well as a new Section 8 rent comparability memorandum. Here’s what’s trending in affordable housing and community development.

HUD

New HUD Inspection Guidance and New Penalties

HUD Notice 2018-08 addresses recent statutory enforcement issues and adds enforcement steps for MultiFamily properties.—Richard Michael Price

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HUD Issues New Section 8 Rent Comp Study Memo

HUD has issued recent guidance to streamline the process for analyzing rent comparability reviews.—Richard Michael Price

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Upcoming Events

AHF Live!

Location: Hyatt Regency | Chicago, IL

Date: November 12–14, 2018

Speakers: Monica Hilton Sussman, Debora VanAmerongan

Topics include: This conference is an insider’s guide to the latest news from Washington, D.C., financing strategies, innovative case studies and networking opportunities to help you and your company thrive in these changing times and unlock the power of affordable housing.

A Closer Look at RAD

Location: Nixon Peabody LLP — Mezzanine Conference Center | Chicago, IL

Date: November 14, 2018

Speaker: Richard Price, Monica Hilton Sussman, Andrew Tripp, Kathie Soroka, Deborah VanAmerongen

Topics include: This panel will review the latest HUD guidance, flag common pitfalls and discuss best practices to make the most out of the tools RAD has to offer.

Novogradac 2018 Tax Credit Housing Finance Conference

Location: The Cosmopolitan of Las Vegas | Las Vegas, NV

Date: November 29, 2018

Speaker: Forrest David Milder

Topics include: Our panel explains the incentive and shares how the creation of the opportunity zones incentive can be used with housing. It will also update you on what is happening in the market and discuss how IRS guidance shapes how the incentive is used and what those in affordable housing need to know going forward.

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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