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How to Deal with Extended Absence or Abandonment in Section 8

I recently received a call from a client asking how long should a resident be considered a tenant if they are only there 6 months a year. What is a reasonable amount of time before you determine that this tenant has been gone for a while? Is it 2 weeks, 4 weeks…what is the limit […]

Just Announced — HUD Releases 2012 Income Limits

The U.S. Department of Housing and Urban Development (HUD) has just released the 2012 Income Limits for both LIHTC and Section 8 however they are on separate web pages. The MTSP income limits are to only be used by projects financed with tax-exempt housing bonds – referred to by HUD as Multifamily Tax Subsidy Projects […]