October 20, 2021

Affordable Housing Property Manager

Location: San Francisco, CA Employer: FKGibbs Company, LLC The Property Manager (PM) is responsible for the on-site management of his/her assigned portfolio, under the direction of the Regional Property Supervisor (RPM). The Property Manager’s duties include responsibility for maintaining high occupancy, low delinquency and overall efficient operations of the portfolio management at all times. The Property Manager is responsible for achieving and maintaining favorable […]
October 18, 2021

Rates for November 2021; $7.7 Million in Unused Housing Credit Carryovers Allocated to Qualified States

The Internal Revenue Service (IRS) issued Revenue Ruling 2021-21, which provides various prescribed rates for federal income tax purposes, including applicable federal interest rates, adjusted applicable federal interest rates, and adjusted long-term and tax-exempt rates for November 2021. As provided in the ruling, Table 4 contains LIHTC Appropriate Percentages Under Section 42(b)(1) for November 2021: Appropriate percentage for the 70% present value low-income housing credit: 7.34% Appropriate […]
October 8, 2021

Supplemental Guidance Issued for Interim Final Rule for Nonpayment of Rent

HUD’s Offices of Housing and Public and Indian Housing published Housing Notice 2021-29 containing additional supplemental guidance and information for owners and management agents on the recently issued interim final rule, Extension of Time and Required Disclosure for Notification of Nonpayment of Rent. The notice includes information about how owners and managers of Multifamily properties should reference Emergency Rental Assistance […]
October 7, 2021

There’s No Time to Delay; Order a NAHMA Drug-Free Kids Calendar Today

Don’t procrastinate and run the risk of missing out on owning a 2022 National Affordable Housing Management Association (NAHMA) Drug-Free Kids Calendar. The calendar, consisting of one-of-a-kind artwork created by talented residents, sells out every year. So, now is the perfect time to purchase one—or more—by downloading the order form and sending it in today. For an added incentive, purchase […]