Posts by Affordable Housing Connections
AHC is hiring a Compliance Program Coordinator
Affordable Housing Connections (AHC) is growing and hiring. Our Mission is to support local governments to implement their housing assistance plans and to protect public and private investment in projects that further affordable housing strategies and priorities. We are looking for a person to fill the position of Compliance Program Coordinator. This person will join a team of other experienced professionals to provide program and administrative support to a 12-person office team.
Read More2025 HUD Passbook Rate
The 2025 HUD Passbook Savings Rate will be 0.45%, effective January 1, 2025. On August 2, 2023, HUD posted the Inflation-Adjusted Values and Passbook Saving Rate for 2025. See Annual Inflationary Adjustments and Passbook Rate for more information.. Tenant certifications effective January 1, 2025, or later must use the new passbook rate. See the 12-2023…
Read MoreIntroducing the Three-Part Tax Credit Compliance Specialist (TCCS) Course for 2024
Amongst many industries, the housing industry has seen many challenges over the last few years that brought a new level of difficulty to affordable housing management. Staff turnover is at an all-time high, making training a critical need. Now that we have settled into a post-Covid world, Affordable Housing Connections Education Leadership Center (AHC ELC)…
Read MoreCelebrating Innovative and Pioneering Projects at the AHC Annual Conference
Affordable Housing Connections welcomed project owners, compliance managers, senior-level site and property staff, as well as Suballocator and PJ staff to Wilder Center on December 7th, 2023. James Haggar, M State Partners, Libby Murphy, Minnesota Housing Partnership, Jennifer Bergman, Minnesota Housing, Tara Beard, City of Saint Paul, and Amy Geisler, City of Minneapolis spoke about…
Read More2024 COLA Increase and HUD Passbook
Social Security Announces 3.2 % Benefit Increase for 2024 Social Security and Supplemental Security Income (SSI) benefits for more than 70 million Americans will increase 3.2% in 2024. The 3.2 percent cost-of-living adjustment (COLA) will begin with benefits payable to Social Security beneficiaries in January 2024. Increased payments to SSI beneficiaries will begin on December…
Read MoreHOME 2023 Income and Rent Limits
The recently published 2023 HOME Program income and rent limits for the Minneapolis-St. Paul-Bloomington, MN-WI MSA and Counties in the Northeast MN HOME Consortium are effective on June 15, 2023. These and limits for other local and national jurisdictions are available on the HUD Exchange: The 30% limits are provided for the HOME Program because…
Read MoreThe 2023 Monitoring Season has Begun
The due date for the Annual Owner’s Certification and its supporting documents (i.e., PY2022 CHARTs) has passed, and hopefully, you submitted everything on time. If so, thank you for your timely submission – we appreciate it! The Affordable Housing Connections (AHC) compliance team member who leads your management portfolio should have emailed you the list…
Read MoreApril is National Fair Housing Month!
This year is the 55th anniversary of the passage of the Civil Rights Act of 1968, also known as the Federal Fair Housing Act; a monumental act passed by President Lyndon B. Johnson on April 11th, 1968. This law prohibits discrimination in the sale, rental, and financing of housing based on protected classes, such as…
Read MoreCHART PY2022: Upload Instructions
CHART PY2022 is now in your Secure Management Folder Due Wednesday, February 15, 2023 Hello and Happy Holidays! This is to let you know that the CHART shells that you will use for PY2022 reporting are available in your secure management folder. Along with the CHART2022 shells, we uploaded a blank CHART Authorization, a blank…
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