Affordable Housing: The 2020 RealWorld Update

We have long known that the Affordable Housing crisis is an uphill climb to bring housing relief to those who are financially vulnerable. What we could not have known was that the events of 2020 would make that climb even steeper. There was (and is) the COVID-19 pandemic and its effects on our industry. Rent payment issues. Eviction moratoriums, the latest of which went into effect on September 4th. Potential budget shortfalls. And more.  What we need to know is where our industry is now, and what steps are being taken to tackle the challenges moving forward. That calls for a definitive update. The good news is that it’s coming very soon. Tune into the Affordable Industry Update session, Monday, September 14 from 12:50-1:10 pm Central Time at RealWorld 2020, the comprehensive, yearly, multifamily industry conference sponsored by RealPageÒ. There is even more good news in that exciting changes are coming to Affordable. During this session, some of the Affordable industry’s leading experts will discuss the impact of current and future trends on owners/agents and residents of Affordable Housing. Attendees will learn about new and upcoming regulatory changes for HUD, LIHTC, Public Housing and Rural Housing, and Affordable Online Leasing and eSignature. Participating in the session are Greg Proctor, Vice President, Affordable Housing Solutions at RealPage. Jenny DeSilva, Senior Director, Blueprint Housing Solutions and Larry Sisson, President, TESCO Properties as well as Vice President at NAHMA. Registration is still open. A number of essential topics will be addressed. First on the list are the legislative and regulatory updates that are ramifications of COVID-19 and the CARES act. One stand-out example is the IRS certification policy shift as a result of changes to the Low-Income Housing Tax Credit Program. Not least of these developments is HUD’s decision to allow electronic signatures after so many years. TESCO’s Larry Sisson...