The U.S. Department of Labor (DOL) has issued a proposed rule that would increase the salary threshold for claiming exemption from overtime requirements for executive, administrative, professional, outside sales and computer employees (“white-collar” employees) from the current level of $455 per week ($23,660 annually) to $970 per week ($50,440 annually).
The U.S. Department of Housing and Urban Development (HUD) has published a housing notice regarding a new methodology for completing a multifamily housing utility analysis and related memorandum to encourage owner/agents to engage more fully in energy efficiency efforts including data collection and benchmarking.
On June 19, the U.S. Department of Housing and Urban Development (HUD) issued a memorandum essentially requiring residual receipts in excess of $250 per unit in all PRACs to be returned to HUD to offset future program appropriations.
Applications are once again being accepted for the LeadingAge Innovations Fund, a grant program we designed to help our members cultivate new ideas and develop programs that have the potential for a demonstrable impact in aging services. This round, we are looking for projects that support innovative wellness programming in affordable senior housing settings or innovative dementia care programming. Application deadline is July 31.
The U.S. Department of Housing and Urban Development (HUD) submitted a report to Congress on the progress the agency is making in implementing Multifamily for Tomorrow (MFT), as it is now calling the multifamily transformation.