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FY2015 Fair Market Rents (FMRS) Have Been Posted

The FY2015 Fair Market Rents (FMRs) became effective October 1, 2014 and were posted on HUDUSER the same day. These FMRs were announced in the October 3, 2014 Federal Register.

Click here to review the FY2015 Fair Market Rents listing.

Click here to review the HUDUSER page.

Click here to review Federal Register (Vol […]

Multifamily Hub Directors Issued: NOTICE: H 2014-15: October 31, 2014

Passbook Savings Rate Effective February 1, 2015 Effective February 1, 2015, the passbook savings rate to be used for all move-in, initial, annual, and interim recertifications when a family has net assets over $5,000 is .06%. This .06% rate must be used until Multifamily Housing publishes and makes effective a new passbook savings rate.

See […]

Firearms Safety in Affordable Housing

As a manager or owner of a Section 8 property, your tenants are subject to the same rights and freedoms of other non-residents. Your job as an O/A is to protect the well-being of your tenants and having rules regarding gun safety and storage is part of that responsibility.

Part of the O/A’s responsibility to […]

TRACS 202D Rumors

There have been some rumors that the 1-31-15 drop dead date for 202D might be postponed a little longer. I have just returned from the TRACS Industry Meeting with HUD in Washington, DC and there has been no change to the implementation date.

The current deadline to switch from TRACS version 202C to TRACS version […]