HUD Regulatory Compliance
Keeping up with all the operational regulations that HUD issues can be daunting. But we are here to help. LeadingAge staff tracks and analyzes HUD websites, notices and guidance to help you understand compliance requirements. Following are the most recent notices or policies statements straight from HUD.
As the annual financial statement (AFS) season for Dec. 30 filers approaches, U.S. Department of Housing and Urban Development (HUD) is urging users to ensure that their accounts are active, or they run the risk experiencing issues when logging into the HUD Secure System.
Earlier this year, the U.S. Supreme Court agreed to take on a case to resolve a fundamental question about the Fair Housing Act that it has never answered: Can you be found guilty of racial discrimination if you have not engaged in racial discrimination? Just a couple weeks before the court was to hear arguments on this question, members of Congress announced plans to conduct a hearing on disparate impact theory. Then came news that plaintiffs had settled their case.
A notice from the U.S. Department of Housing and Urban Development (HUD) allows multifamily housing owners to significantly increase program access for individuals and families experiencing
homelessness by establishing an owner-adopted preference in admissions
The U.S. Department of Housing and Urban Development (HUD) has announced a change in annual financial statement (AFS) submission requirements for small multifamily project owners. Owners receiving less than $500,000 in combined federal financial assistance no longer have to submit audited financial statements. Owner-certified financial statements will suffice.
The Social Security Administration has announced the 2014 cost-of-living adjustment (COLA) will be 1.5%. Until the EIV system is updated, owners have options on how to incorporate the COLA increases in tenant certifications.