Understanding HOTMA and Its Impact on LIHTC Properties
IntroductionIn an effort to modernize affordable housing and improve access to resources for low-income Americans, the U.S. Department of Housing and Urban Development (HUD) introduced the Housing Opportunity Through Modernization Act (HOTMA). This legislation brings...
Key HOTMA Compliance Changes for LIHTC Property Managers
IntroductionWith the recent Housing Opportunity Through Modernization Act (HOTMA) updates, property managers handling Low-Income Housing Tax Credit (LIHTC) properties are experiencing new regulations that reshape tenant eligibility, income verification, and compliance...
Rapid Rehousing: Combating Homelessness & Prevention Support
Homelessness continues to be a pressing issue for many communities. Fortunately, homeless prevention and rapid rehousing programs offer vital support, helping individuals and families transition from shelters into stable housing. Mid Town Builders is committed to this...
Maximizing Affordable Housing Rehabilitation With Lihtc 4% Credits
At Midtown Builders, we take pride in breathing new life into communities by revitalizing housing projects that desperately need attention. One of the most effective tools we use to achieve this is the Low-Income Housing Tax Credit (LIHTC) 4% Credits. This financial...Recent Posts
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