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HUD Publishes Annual Adjusted Factors for 2025

HUD Publishes Annual Adjusted Factors for 2025

by Michael Votto | Aug 8, 2024 | Breaking News, Compliance, HOTMA

The U.S. Department of Housing and Urban Development (HUD) has released the inflation-adjusted values and the revised passbook rate for 2025. These adjustments are effective from January 1, 2025, and are essential for compliance with Sections 102 and 104 of the...
HUD Extends NSPIRE Compliance Date to October 1, 2025 for HCV & CPD Programs

HUD Extends NSPIRE Compliance Date to October 1, 2025 for HCV & CPD Programs

by Trevor Brandl | Jun 25, 2024 | Breaking News, Compliance, Property Management

The U.S. Department of Housing and Urban Development (HUD) has recently announced an important update regarding the implementation of the National Standards for the Physical Inspection of Real Estate (NSPIRE). In a notice published on July 5, 2024, HUD has extended...
HUD Extends NSPIRE Compliance Date for the HCV / PBV and CPD Programs

HUD Extends NSPIRE Compliance Date for the HCV / PBV and CPD Programs

by Trevor Brandl | Sep 28, 2023 | Breaking News, Compliance

The U.S. Department of Housing and Urban Development (HUD) has taken a significant step in its ongoing efforts to ensure the effectiveness and smooth implementation of the National Standards for the Physical Inspection of Real Estate (NSPIRE) program. HUD has extended...
2023 Income Limits Published

2023 Income Limits Published

by Jennifer Robinson | May 17, 2023 | Breaking News, Compliance, Tax Credits

One of HUD’s key tools in ensuring affordable housing options for low-income individuals and families is the establishment of income limits. In years past, HUD has released income limits sometime between late March and early April with the stated goal of having...
HUD Issues The NSPIRE Final Rule and Sets Implementation Timeline for 2023

HUD Issues The NSPIRE Final Rule and Sets Implementation Timeline for 2023

by Trevor Brandl | May 12, 2023 | Breaking News, Compliance

In May 2016, at Congress’ direction, HUD set out to consolidate, update, and improve the Housing Quality Standards (HQS) and the Uniform Physical Condition Standards (UPCS), to implement a single inspection protocol for public housing and voucher units. After seven...
HUD’s Section 8 Renewal Guidebook Receives an Update for the First Time Since 2017

HUD’s Section 8 Renewal Guidebook Receives an Update for the First Time Since 2017

by Trevor Brandl | Mar 28, 2023 | Breaking News, Compliance

On March 27, 2023, HUD published an update to the Section 8 Renewal Guidebook for the first time since 2017. The updated guidance is centered around HUD’s standards for preparing, submitting, and reviewing Rent Comparability Studies (RCS) found in Chapter 9 of the...
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