- HUD’s Office of Fair Housing and Equal Opportunity (FHEO) is pleased to announce the launch of the “Understanding Section 3” Training Curriculum.
- The HOME Program Reports, as of 5/31 and 6/1 2020, have been posted on the HUD Exchange. Additional HOME Program reports are available on the HOME Program Page
- The California Tax Credit Allocation Committee Compliance Division has just released a MEMO on the Virtual Compliance Workshops and Upcoming Desk Audits. This can be found at https://www.treasurer.ca.gov/ctcac/compliance/memos/memo-covid-19-4.pdf . Please read and familiarize yourself with the upcoming changes to the compliance monitoring program. If you have any questions please contact Elizabeth Gutierrez-Ramos firstname.lastname@example.org or Shannon Nardinelli email@example.com
- HUD has published the Community Planning and Development (CPD) Income Limits for FY 2020 for the following programs:
- Brownfield Economic Development Initiative (BEDI), Community Development Block Grant Program (CDBG), CDBG Disaster Recovery Assistance (CDBG-DR), HOME Investment Partnerships Program (HOME), Housing Opportunities for Persons With AIDS (HOPWA), Housing Trust Fund (HTF), Neighborhood Stabilization Program (NSP), Section 108 Loan Guarantee Program, Self-Help Homeownership Opportunity (SHOP).
- HUD has also published the Rent Limits for FY 2020 for the following programs: HOME Investment Partnerships Program (HOME), Housing Trust Fund (HTF)
These updated limits are effective as of July 1, 2020 and can be accessed on the HUD Exchange’s Income Calculator page under “Related Materials.”
- The California Tax Credit Allocation Committee – Compliance Section has just released the updated 2020 Online Compliance Manual. It can be found at: https://www.treasurer.ca.gov/ctcac/compliance/manual/manual.pdf
- Additionally, CTCAC has created the Separated and Estranged Status Affidavit which replaces the previous Marital Separation Status Verification form. The Separated and Estranged Status Affidavit is to be used for applicants and households where the tenant might be legally married, but has not taken steps to legally separate or divorce from their spouse. By using this form, the Owner and Management Company will not need to verify the spouse’s income and it will not be counted against the household for income eligibility purposes. However, if the tenant and their (separated/estranged) spouse reconcile within 1 year of move-in and the spouse wishes to be added to the unit, the income of the spouse will also need to be documented and added to the move-in certification amount. If this combined total puts the household over the maximum income limit for the household, CTCAC will determine the unit to be an over-income household at move-in. This form is found on our CTCAC Compliance webpage at: https://www.treasurer.ca.gov/ctcac/compliance.asp