There is new leadership at HUD, new guidance from the IRS on recently enacted changes to the Tax Code, and pending infrastructure and housing legislation that will benefit the affordable housing industry for years to come. As we navigate these changes, our team of industry practitioners provided event attendees with an update on issues impacting the affordable housing and real estate industry. This included a recap of guidance from the past year, from both HUD and the IRS, and an overview of the current issues and trends. Topics that were covered during the webinar included:
- Converting SHP & CoC Site-Based Projects
- Pre-1974 202 prepayments and new vouchers under the at-risk/low-vacancy set-aside
- Fair housing—Focusing on Biden administration efforts to roll back Trump-era changes
- RAD for PRAC
- Income averaging
- Fixing the 4% credit
- The Biden HUD administration
- Hotel conversion opportunities