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2009 HTC Annual Reports are now
under review. Contact the following staff with
questions:
- Lyn
Burton- Dakota County projects, First Year projects,
Rochester projects, and projects managed by Sherman Associates
- Kage
Dana- all UPCS inspections
- Alan
Halm- Saint Paul, Washington County HRA and all FDIC AHP
projects
-
Kathleen Proctor- Minneapolis and St. Cloud HRA projects
- Peris
Oladipo- all HOME projects monitored for City of Saint Paul
and the St. Louis County Consortium
- Lyn
Burton and Kathleen
Proctor – all TCAP and Sec. 1602 Exchange lease-up
monitoring
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2010 Income and Rent Limits
HTC 2010 Income and
Rent Limits - The 2010 LIHTC Income and Rent Limits were
released and went into effect May 14, 2010. There is a forty-five
(45) day grace period from the effective date to when the income
limits must be implemented. Click here
for more details
HOME Program 2010
Income and Rent Limits - The 2010 HOME Program Income and
Rent limits have been released by HUD. The new limits become
effective on June 26, 2010. Click here
for more details
FDIC Income and
Rent Limits - The 2010 FDIC AHP Income and Rent have been
released and became effective April 2010. Click
here for more detail
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Unit Inspections and File Reviews
Owners of projects selected for inspections in 2010 will be notified with details and requirements.
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Training Sessions in 2010
Please see our
Training page for additional information
Watch for announcements of training sessions
to be held quarterly throughout 2010.
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Tax Credit Compliance Monitoring Manuals for 2010
New Suballocator manuals are available...
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IRS Guide for Completing Form 8823
(NEW! Revisions 10/09) The
document presents standardized operational definitions for the noncompliance categories listed on Form 8823 and is intended to provide consistent interpretation and application of Internal Revenue Code (IRC) Section 42 requirements among states and consistent reporting of noncompliance. Suballocator monitoring of compliance under the content of this guide began effective January 1, 2008.
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New Suballocator Data Practices Act forms
Effective 1/1/2010
Download forms ...
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Social Security Administration Cost Of Living
Allowance (COLA) Effective January 1, 2010
With consumer prices down over the past year, monthly
Social Security and Supplemental Security Income benefits for more
then 57 million Americans will not automatically increase in 2010.
this will be the first year without an automatic Cost-of-Living
Adjustment (COLA) since they went into effect in 1975.
Download the
Cost Of Living Allowance (COLA) adjustment for 2009.
NOTE: All tenants receiving Social Security
benefits must still provide award letters for income verification at
annual recertification. Even if there has not been a COLA
increase for 2010, it cannot be assumed that there has been no
adjustment in the tenant's benefits. Be sure to obtain 2010
award letters. If the award letter indicates that there has
been no change, then the previous year's amounts may be used.
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