We all know Affordable Housing Compliance is complicated, often confusing and potentially very costly when properties are out of compliance. Handling casualty losses in the affordable tax credit arena is a case in point.
Casualties get separa…
It is quite common for auditors, inspectors and regulatory agencies to misapply the various accessibility laws on the books. Multifamily owners will sometimes find themselves out of compliance because of a misinterpretation of the regulations …
The United States Department of Agriculture USDA Rural Development administration issued reminders in January that affordable multifamily housing communities in rural areas must maintain compliance with sections of Uniform Federal Accessibilit…